Ben Bernanke actually said...

the sooner that a long-term plan is put in place to make significant and credible reductions in the path of the deficit, the better it will be.

Bernanke advocates for prompt action on deficit reduction to avoid future economic issues.

02/28/2011

More Ben Bernanke Quotes

I think in some cases that has been the case, and that as I have said, the Federal Reserve, we understand--we have a responsibility to keep ...

Acting now to develop a credible program to reduce future deficits would not only enhance economic growth and stability in the long run.

We've only gotten about a million of them back so far. And that doesn't even account for the new people coming into the labor force.

It depends on the income from the property, not the collateral value.