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View Full Version : Greenspan is an inconsistent gov't loving hack




RSLudlum
12-13-2009, 02:02 PM
On Meet The Press, he just stated that gov't needs to pull back its spending but said that unemployment will see a slight down tick due to the census hiring. How does employing more gov't workers to count (something my 4 year old nephew could do) reduce gov't spending and help the economy when that money (taken through taxes) being spent could be used in hiring mroe people in the private sector?

He also stated that the Fed's independence needs to be protected for long term economic viability. Yeah right, Fed's 'independence' has done a fine job so far bringing us recession after recession.