Subject: Re: Greenspan Warns of Soaring Budget Deficit. What took him so
long.
From: Republican Double Standard

From The Associated Press, 2/11/04:
http://story.news.yahoo.com/news?tmpl=story&ncid=&e=4&u=/ap/20040211/ap
_on_bi_ge/greenspan

Greenspan Warns of Soaring Budget Deficit

By MARTIN CRUTSINGER

WASHINGTON -

Federal Reserve Chairman Alan Greenspan said Wednesday the U.S.
economy has made "impressive gains" since last summer and predicted
that even the lagging jobs market should perk up in coming months.

But he also cited the soaring federal deficit as a risks factor,
saying this problem must be addressed soon to avoid the threat of
"serious longer-term fiscal difficulties."

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Sure took the guy long enough, didn't it.

Harry

If he comes right out with the truth, he'll be fired.

--
"I am angry that so many of the sons of the powerful and well-placed...
managed to wangle slots in Reserve and National Guard units...Of the
many tragedies of Vietnam, this raw class discrimination strikes me as
the most damaging to the ideal that all Americans are created equal and
owe equal allegiance to their country." (Colin Powell’s autobiography,
My American Journey, p. 148)