Thursday, July 21, 2011

Who Said It?

Who said it:
Congress consistently brings the Government to the edge of default before facing its responsibility. This brinkmanship threatens the holders of government bonds and those who rely on Social Security and veterans benefits. Interest rates would skyrocket, instability would occur in financial markets, and the Federal deficit would soar. The United States has a special responsibility to itself and the world to meet its obligations. It means we have a well-earned reputation for reliability and credibility – two things that set us apart from much of the world.

A.      Barack Obama
B.      Ben Bernanke
C.      Alan Greenspan
D.      Ronald Reagan
E.       Bill Clinton
The answer is (D).  Yes, the same man who Conservatives hail as their champion against Big Government, actually said it the above during a radio address on September 26, 1987.

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