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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (26658)2/17/2005 3:01:35 PM
From: ild  Read Replies (1) of 110194
 
Kasriel:
Fed Sees As Strong Or Stronger Economic Growth In 2005
northerntrust.com

Who can forget Greenspan’s endorsement of the 2001 tax cut on the grounds that we would soon run out of government debt to retire if we did not reduce the federal budget surpluses? Those surpluses were, for the most part, the result of surpluses being generated by the Social Security administration.
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