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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Chispas who wrote (665)	2/25/2004 8:10:54 PM
From: mishedlo	Read Replies (1) of 116555

Greenspan testimony from Steve on the FOOL I happened to catch Greenie's testimony today. What I don't see being reported in the media today, is that Greenie said that Bush's tax cuts were the right thing to do and he repeated his position that the tax cuts should be made perminant. Rep Bobby Scott (D-VA) questioned Greenie at length that supporting tax cuts then complaining about deficits and recommending cuts in Social Security seems inconsistant. (several months ago I posted a link to Bobby Scott's presentation on Social Security, where money recovered by repealing the Bush tax cuts for the top 1% of the population would keep SS solvent for the next 75 years) Steve

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