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Former Fed chief says discussion is not monetary policy but government spending

Friday, July 31st 2015 - 06:25 UTC
Full article 7 comments

Former Federal Reserve Chairman Alan Greenspan warns that government spending “extremely dangerous” to the future of the US economy. Greenspan decried a rise in entitlement costs, which he contended have pressured the U.S. economy. Read full article

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  • sj_ken

    I wonder how much Mr. Greenspan is receiving in government retirement?
    Would those entitlements be extremely dangerous.

    Jul 31st, 2015 - 09:49 am - Link - Report abuse 0
  • ChrisR

    Greenspan mismanaged the Fed at a time when the economy was the best for years, he should STFU and go back to his retirement home.

    Jul 31st, 2015 - 05:36 pm - Link - Report abuse 0
  • yankeeboy

    The USA Fed Gov't is spending too much money. We all know that. We need a Prez that will cut back the spending. Hopefully that will happen soon.

    Nobody would miss, Depts of Education, Energy, Labor, HUD, HHS
    just to name a few...

    Jul 31st, 2015 - 06:55 pm - Link - Report abuse 0
  • Captain Poppy

    Let's slice some waste off the DoD as well. Some os us has seen that waste in action.

    Aug 01st, 2015 - 09:00 pm - Link - Report abuse 0
  • yankeeboy

    4. I'm fine with that too. I used to have friends that worked for the person in charge of the Navy and all they did was stay in 5* hotels all over the world and travel by private jet and helicopter.
    They were shameless
    and saw nothing wrong with it.

    Aug 02nd, 2015 - 11:26 am - Link - Report abuse 0
  • Captain Poppy

    I feel it is lacking in zero based budgeting rather than last year +xx% increase.

    And....I am happy to say we've eliminated bidding for the Olympics.

    Someone needs to remove Brasshole's oxygen source.

    Aug 02nd, 2015 - 02:36 pm - Link - Report abuse 0
  • yankeeboy

    6. Yes this budgeting/accounting that the Fed does would land any one of us in jail.
    We need drastic change in DC and not the one Odumbo promised.

    Aug 03rd, 2015 - 11:43 am - Link - Report abuse 0

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