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Ben Bernanke actually said...

This would be very bad for jobs.

Context

Bernanke warns that raising interest rates due to default would negatively affect job growth.

07/13/2011

https://www.congress.gov...

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The main issues here are that we are going to have much tighter oversight and prudential regulations over so-called SIFIs.
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So this is a matter of arithmetic. Fairly soon after that date there would have to be significant cuts in Social Security, Medicare, militar...
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View All Ben Bernanke Quotes

Ben  Bernanke
out of office

usa, South Carolina

435 Quotes

PartyRepublican

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