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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: U Up U Down who wrote (105253)	12/8/2000 8:28:54 AM
From: U Up U Down	Read Replies (2) \| Respond to of 769670

It’s the Feds, Stupid! ECONOMIC slowdown bears government’s fingerprints. By Deroy Murdock, columnist with the Scripps Howard News Service & Senior Fellow with the Atlas Economic Research Foundation in Fairfax, VA t last, Alan Greenspan's eyes may have opened to the economic damage government can cause. "In an economy that already has lost some momentum," the Federal Reserve chairman said December 5, "one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending." English translation: If the economy keeps slowing, you and your boss could find coal in your Christmas stockings. What did Uncle Alan expect? In his battle with an inflationary foe only he detects, Greenspan's 18-month-long campaign of interest-rate increases was designed to retard the economy and is largely responsible for doing so. Greenspan is like an arsonist who watches a family evacuate a home he has set ablaze and helpfully tells them: "Hey, your house is burning." nationalreview.com