[Previous entry: "Slaughterville"] [Main Index] [Next entry: "Comment: Human rights the court missed"]

02/25/2004 Archived Entry: "Greenspan warns against deficits"

Posted by steve @ 02:50 PM EST [Link]

GREENSPAN NICKS ANOTHER BUSH: Well, George H.W. Bush was no fan of Alan Greenspan and it looks like George W. Bush won't be one either. Today Greenspan appeared before Congress and warned that spending cuts were necessary if the deficit is to be contained.

That said, he also said that recent tax cuts should be made permanent.

He is right, of course. This should be another signal to the Bush White House to stop spending like a drunken poet on payday.

Read on.