Religions > Atheism > OT: Greenspan blows a 'Jackson Hole' in candidates' election promises
| Topic: |
Religions > Atheism |
| User: |
"maff" |
| Date: |
28 Aug 2004 05:00:55 AM |
| Object: |
OT: Greenspan blows a 'Jackson Hole' in candidates' election promises |
Greenspan blows a 'Jackson Hole' in candidates' election promises
http://news.independent.co.uk/business/news/story.jsp?story=555941
By Rupert Cornwell in Washington
28 August 2004
As President George Bush and John Kerry outbid each other in rosy
promises, Alan Greenspan yesterday brought the election debate on the
economy down to earth: Sooner or later (and probably sooner) the US
had to stop living off foreign credit, and cut back the social
entitlement programmes which threaten to engulf the federal budget.
America's chief central banker and most venerated financial sage
issued his warning at an informal occasion which has nonetheless
become a set piece of the financial calendar - the annual August
symposium organised by the Federal Reserve Bank of Kansas City in the
idyllic Rocky Mountain setting of Jackson Hole, Wyoming.
Alan Greenspan
http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&selm=18510aff.0406060223.257b88d5%40posting.google.com
.
|
|
|
Related Articles |
|
|
