View Single Post
  #2   Report Post  
Posted to alt.home.repair
DGDevin DGDevin is offline
external usenet poster
 
Posts: 2,144
Default Government stimulus hurting the economy!



"Michael Dobony" wrote in message
...

Former Federal Reserve chairman Alan Greenspan is blaming the lagging
recover on the government's intervention! Specifically, he blames Obama
and
the Democrat's outrageous deficits which are sucking money from the
economy.


The Alan Greenspan who said for most of his adult life that the market was
self-policing and self-correcting even in cases of outright fraud, but who
had to admit not too long ago that his beliefs had been shown to have some
serious flaws (e.g. the recent Wall St. meltdown)--that Alan Greenspan?

Yeah, there's a guy with credibility to spare. I wonder where he was on the
subject of deficits when the Bush administration was doubling the federal
debt?