Greenspan may be early in his new book which throws water on the Bush handling of the economy. But where is the story of how the Bush economy went from a forecast of a surplus "as far as the eye can see" to what will be $4 Trillion added to the National Debt by the end of the Bush terms in office?
Nobody is talking about that. Greenspan was on 60 Minutes, and he doesn’t come off too well, either. He says he had no idea how bad things in the subprime housing market were. He just sort of slides by the Bush tax-cuts, but he maintains to the end that he is a Republican.
What I’m talking about is not just a handful of words such as, oh, there was 911 and a recession, and the wars in Iraq and Afghanistan. They don’t even come close to covering $4 Trillion.
Where has all the money gone?
Don’t forget, all this happened when we had such a "wonderful" economy.
The Democrats should be talking about bringing in the Auditors!
It looks to me like Greenspan’s afraid he’s going to get blamed for the coming recession.
Bernanke hasn’t been there long enough to take a whole lot of blame.
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