Another craaaazy alarmist on entitlement spending

It’s Fed chair Ben Bernanke:

Federal Reserve Chairman Ben Bernanke warned Congress Thursday that the economy could be gravely hurt if Social Security and Medicare aren't revamped and urged lawmakers to tackle the nation's thorny fiscal issues sooner rather than later.

"If early and meaningful action is not taken, the U.S. economy could be seriously weakened," Bernanke said in testimony to the Senate Budget Committee.”

Ted Kennedy responded sarcastically: "Oh, sure! And alcohol kills brain cells."