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Posts tagged as “chairman bernanke”

Libertarians to Bernanke: You’re wrong

WASHINGTON – Libertarian Party Chair Mark Hinkle issued the following statement today:

"Associated Press reports today that Fed Chairman Ben Bernanke is telling Congress they must not cut federal spending sharply. Chairman Bernanke, you’re wrong.

"The federal government is currently spending somewhere around 24% of America’s total economic output — even more if you ignore the government’s accounting gimmick of ‘offsetting receipts.’… Read more ...