Ben Bernanke actually said...

I think just delaying everything, just saying we are not going to do it, put it off a year, I think that would be a very bad outcome.

Bernanke argues against delaying fiscal decisions, suggesting it would be detrimental.

07/16/2012

More Ben Bernanke Quotes

If actions taken by the administration, the Congress and federal government are successful in restoring some measure of financial stability,...

We have already seen the stresses we saw in September. In September, we saw AIG and Lehman and other financial firms under great pressure.

If Government spending is higher, it needs to be recognized that that will involve higher taxes in order to maintain a close, reasonable bal...

I think that confidence in financial engineering has gone down quite a bit, and we need to be very careful.