From Drudge:
GREENSPAN: Fed’s Massive Stimulus Program Had Little Impact on Economy
We never would have guessed.
2 Helena Handbaskets
Going our way…?
From Drudge:
GREENSPAN: Fed’s Massive Stimulus Program Had Little Impact on Economy
We never would have guessed.
I disagree. The full cost of this colossal failure will be felt for decades with inflated dollars, higher taxes and fewer services.
Good point. Loki. And, to some extent, Greenspan acknowledges that. His point was more focused on whether the stimulus did what it was intended to do – and he asserts (rightly!) that it did not.