Alan Greenspan thought it would be sound fiscal policy to gut the treasury with President Bush's tax-cuts, which were aimed squarely at the well-off. In fact, he manipulatively warned of the danger of "paying down the deficit too fast". What a hoot it must have been to pass that one off on the trusting populace!
Now that our economy predictably suffers, though, Alan has the audacity to warn Congress to get the budget deficit under control! What Congress should do is tar and feather him and run him out on a rail (but of course they are in on the joke).
Ha ha grandma
Something tells me that people like Mr. Greenspan are forever thirsty in a land of water, forever hungry in a land of harvest, and forever lonely in the midst of love.
Has he immersed himself in the pursuit of wealth and failed to understand what riches are?
ADDENDUM: Thank you Paul Krugman. I can see I am not the only one whose hackles were raised by the shameless, partisan display from Mr. Greenspan:
Foreign dependence
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