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Former Fed chair Greenspan criticizes Bush in book« Thread S

PostPosted: Sat Jan 28, 2012 4:06 pm
by admin
Former Fed chair Greenspan criticizes Bush in book« Thread Started on Sept 15, 2007, 10:11pm » --------------------------------------------------------------------------------Former Fed chair Greenspan criticizes Bush in book16 Sep, 2007, 0400 hrs IST, AGENCIESread at source> http://economictimes.indiatimes.com/New ... WASHINGTON: Former Federal Reserve Chairman Alan Greenspan in a memoir to be released on Monday criticized President George W. Bush and congressional Republicans for abandoning fiscal discipline and for putting politics ahead of sound economics. In his book, "The Age of Turbulence: Adventures in a New World," Greenspan said he was surprised Bush was unwilling to temper his campaign promises with fiscal reality once elected in 2000, as previous Republican administrations had done. "Little value was placed on rigorous economic policy debate or the weighing of long-term consequences," he said. The book was made available by its publisher, The Penguin Press.