Greenspan concerned over defecits

[3days]

Greenspan concerned with weak dollar
Federal Reserve chairman says U.S. must address trade, budget deficits or face future woes.
November 19, 2004: 8:59 AM EST

NEW YORK (CNN/Money) - Federal Reserve Chairman Alan Greenspan warned the U.S. must deal with the causes of the weak dollar -- the U.S. trade deficit and the federal budget deficit -- or the country could run into economic problems down the line.

http://money.cnn.com/2004/11/19/news/economy/fed_greenspan/index.htm?cnn=yes

And the reason this wasn't brought out during the election is??????

[FormerOstrich]

1. Well Alan, baby....

ya think we ought to follow your recent advice/opinion and fix it with some more TAX CUTS???? What? You think you need a different strategy now?? I thought this was the "stay the course" administration? Those tax cuts were suppose to be the end all. Right? Surplus bad??? How do you have the audacity to speak?

[BeyondGeography]

2. Somewhere, Alan's old friend Paul O'Neill

is shaking his head. Remember "triggers"? Tax cuts contingent on an acceptable level of debt only?

Greenspan used to be in favor of that, before he became a total whore.

[Mike03]

3. Impeccable Timing, as usual

Don't they call this, "shuffing deck chairs on the Titanic"?

[Moderator]

4. Duplicate

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x1005004