Duh!

Republican appointee Ben Bernake displays his financial wizardry to Congress:

"'Crucially, whatever size of government is chosen, tax rates must ultimately be set at a level sufficient to achieve an appropriate balance of spending and revenues in the long run,' Bernanke said.

"Bernanke said advocates of lower taxes would have to accept lower spending on entitlement programs. Likewise, proponents of more-expansive government programs must recognize the need for higher taxes brought about by higher spending, he added."

Perhaps this genius ought to explain Economics for Dummies to the dummy who appointed him.

Only a suggestion.

You'll find the entire laughable account here:

http://news.yahoo.com/s/nm/20070228/bs_nm/usa_fed_bernanke_dc