Quote:
Originally posted by onetime2
And there is an even larger list that say it is.
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The source I gave thusfar was Martin Feldstein who (-if you bothered to read the article I so generously cited;) was the CEA chairman during Reagan's first term. He was also being considered as a replacement for Greenspan;
until he started criticizing Bushonomics. He is the head of the economics department at some crappy university named Harvard.
But all of this means nothing. You said that Greenspan said otherwise. Prove it. You can't -and if you bothered to read Marty Feldstein's article you would see that he is following what the Fed has been doing and concludes "the Fed has gone unusually far to provide a margin of safety."
Ever heard the expression that actions speak louder than words? Greenspan's actions at the Fed have already spoken... In other words:
Why would Greenspan have to provide a margin of safety if everything is as rosey as you think it is?
Quote:
Originally posted by onetime2
The economy is far from bad but since that doesn't fit your agenda you don't want to hear it.
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My
agenda? Yes here is my agenda:
Do Laundry -check
Feed Cat -check
hand out reality check -NF
Quote:
Originally posted by onetime2
If it were bad, I'd be the first to state it as such since I've spent a fair portion of my life studying the damned thing.
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Oh yes, and Alan Greenspan says it is.