[quote=briansd1]Greenspan sure has changed his mind.
When faced with overwhelming facts, how could you not?
Greenspan Calls for Repeal of All the Bush Tax Cuts
Now Mr. Greenspan is wading into the most fierce economic policy debate in Washington — what to do with the tax cuts adopted, in large part because of his implicit backing, under President George W. Bush — with a position not only contrary to Republican orthodoxy, but decidedly to the left of President Obama.
[/quote]
He also called for a reduction in spending:
“We are going to have to confront a major surge in medical entitlement spending. Irrespective of what you say should be done on the tax side, you still have to cut some benefits on the expenditure side.”
