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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (40188)	11/30/2000 6:41:51 PM
From: trilobyte	Read Replies (1) \| Respond to of 70976

are you out of your mind? give the high tech revolution (increase in productivity) and globalization all the credit for the prosperity of the last 20 years. Greenspan had nothing to do with either. in fact, Greenspan continues to goof: 1) lowered rates too much in 1998 to bail out his buddies that messed around in Asia 2) increased liquidity ahead of y2k creating a market bubble 3) raised the rates too high this year, causing a collapse in technology stocks, in turn affecting the most vibrant part of the US economy. I think Greenspan should retire.