Ben Bernanke actually said...

The current fiscal situation of the United States is not sustainable.

Bernanke emphasizes the unsustainability of the U.S. fiscal situation.

07/13/2011

More Ben Bernanke Quotes

We do have to live within our means.

We have to have a budget that will be reasonably in balance.

We do not want banks making bad loans. That is how we got in trouble in the first place.

Absent any action, the debt-to-GDP ratio is going to be not only rising but rising at an increasing pace.