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Politics : Don't Blame Me, I Voted For Kerry

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To: ChinuSFO who started this subject5/6/2004 11:52:54 AM
From: CalculatedRiskRead Replies (3) of 81568
 
Federal Budget Deficit Worries Greenspan
story.news.yahoo.com


By MARTIN CRUTSINGER, AP Economics Writer

WASHINGTON - America's soaring federal budget deficits represent a major obstacle to the country's long-term economic stability, Federal Reserve (news - web sites) Chairman Alan Greenspan (news - web sites) warned on Thursday.

Greenspan told a banking conference that the federal budget deficit was a bigger worry to him than America's soaring trade deficit or the high level of household debt because those two problems can be corrected by market forces.

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MY COMMENT: This is a REAL issue. Bush is fiscally irresponsible. Advantage Kerry.
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