MercoPress. South Atlantic News Agency
Former Fed chief says discussion is not monetary policy but government spending
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
Comments
Disclaimer & comment rulesI wonder how much Mr. Greenspan is receiving in government retirement?
Jul 31st, 2015 - 09:49 am - Link - Report abuse 0Would those entitlements be extremely dangerous.
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 0The 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.
Jul 31st, 2015 - 06:55 pm - Link - Report abuse 0Nobody would miss, Depts of Education, Energy, Labor, HUD, HHS
just to name a few...
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 04. 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.
Aug 02nd, 2015 - 11:26 am - Link - Report abuse 0They were shameless
and saw nothing wrong with it.
I feel it is lacking in zero based budgeting rather than last year +xx% increase.
Aug 02nd, 2015 - 02:36 pm - Link - Report abuse 0And....I am happy to say we've eliminated bidding for the Olympics.
Someone needs to remove Brasshole's oxygen source.
6. Yes this budgeting/accounting that the Fed does would land any one of us in jail.
Aug 03rd, 2015 - 11:43 am - Link - Report abuse 0We need drastic change in DC and not the one Odumbo promised.
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