Greenspan Frets over Fiscal Incontinence
How poignant. Alan Greenspan, early champion of the now infamous Bush tax cuts (back in the day when the Bush/Hastert/Frist spending spree was really getting going), now laments (to a Frenchman, no less) that the US has lost control of its deficits:
"'We have lost control,' that was his expression," Breton told reporters after a bilateral meeting with Greenspan.
"The United States has lost control of their budget at a time when racking up deficits has been authorized without any control (from Congress)," Breton said.
Please pass the Failure Fries.