Valedictory Hypocrisy of the Departing Chairman (Redux)
Once again Alan Greenspan warns on the unprecedented US budget deficits he helped create by championing the Bush tax cuts.
"There are no easy choices. Easy choices are long gone," said Greenspan, whose 18-plus year run at the Fed comes to an end on Jan. 31.
Easy choices are long gone? The Droning Chairman helped get rid of easy choices when he helped Bush get rid of the US budget surplus.