Alan Greenspan, when President Bush was promoting his budget-busting tax-cuts, hawked them like a salesman. Now, after howls from Democrats that they would baloon the defecit, Alan Greenspan comes out with his hat in his hand and says that the US must reduce its budget defecit to prevent "major economic damage".
If he wanted to impress me he would have used an ounce of prevention back when it mattered, since the cure is going to pound the working-class once again.
Strong, scary words from Greenspan
Along with Alan Greenspan's worrisome words comes news that we have just added 800 billion dollars to our debt ceiling. Americans should view this as cradle robbery, or a baby tax:
Got debt?
Wall Street was shocked by Alan's language and stocks fell. I guess it is ok to tell the truth now that the election is over?
Stocks sink
Why did people reject the politics of peace and prosperity? Why?
No comments:
Post a Comment