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Greenspan flip flops again on the budget



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Thankfully he's retiring soon so his never-ending flip flopping and debates with his own words will come to an end. As he approaches his final few months, now he wants to raise alarm about the budget deficits. Fortunately some in Congress are reminding him of his vocal support for the wreckless tax cuts forced by the GOP, which is now taking its toll on the US economy. It's easy to talk tough about "hard choices" now that he's leaving but where was he when Congress and Bush needed sensible talk while they were tearing things apart?

What part of throwing the burden on the middle class did he miss? When the economy sputters from the burdens of the tax cuts, war spending, corporate welfare and the baby boomers retiring, it is not going to be the top of the food chain who will need help. Where was Greenspan when those people needed him the most?


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