Thursday, March 01, 2007

Bernanke Renews Call for Action as Population Ages

Bernanke Renews Call for Action as Population Ages - New York Times

"Bernanke told Congress that over time, the United States needed to move toward fiscal policies that were sustainable and that would promote more savings to support the Social Security retirment program without imposing undue costs on taxpayers"

Social Security and Medicare are major problems looming on our horizon, action must be taken, yet it doesn't appear anybody in congress has the will to do it.

Scott Dauenhauer, CFP, MSFP, AIF
www.meridianwealth.com