Greenspan: Clinton Good, Bush Bad


	Greenspan: Clinton Good, Bush Bad

kmcolo

9-15-2007 8:41 AM

780 views

tags:

economy, deficit, government

kmcolo says:

"House Speaker Hastert and House majority leader Tom DeLay seemed readily inclined to loosen the federal purse strings any time it might help add a few more seats to the Republican majority,"

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9-15-2007 11:24 AM

BobbyRutan

Blows apart the conservative nutjob myth that President Clinton had nothing to do with the economic gains experienced under his 8 years of leadership and that it was all, and only, Greenspan.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/b72e8563-9a45-4c9a-964f-16bd369572c0/EC388797-DC47-4F48-A38E-B4655A75D8F1/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.washingtonpost.com/wp-dyn/content/article/2007/09/14/AR2007091402451.html?hpid=topnews" href="http://www.washingtonpost.com/wp-dyn/content/article/2007/09/14/AR2007091402451.html?hpid=topnews" style="font-size: 11px;">www.washingtonpost.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.washingtonpost.com/wp-dyn/content/article/2007/09/14/AR2007091402451.html?hpid=topnews"><P>
<A target="" href="http://www.washingtonpost.com/ac2/related/topic/Alan+Greenspan?tid=informline">Alan Greenspan</A>, who served as <A target="" href="http://www.washingtonpost.com/ac2/related/topic/U.S.+Federal+Reserve?tid=informline">Federal Reserve</A> chairman for 18 years and was the leading Republican economist for the past three decades, levels unusually harsh criticism at <A target="" href="http://www.washingtonpost.com/ac2/related/topic/George+W.+Bush?tid=informline">President Bush</A> and the Republican Party in his new book, arguing that Bush abandoned the central conservative principle of fiscal restraint.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.washingtonpost.com/wp-dyn/content/article/2007/09/14/AR2007091402451.html?hpid=topnews"><P>
While condemning Democrats, too, for rampant federal spending, he offers <A target="" href="http://www.washingtonpost.com/ac2/related/topic/Bill+Clinton?tid=informline">Bill Clinton</A> an exemption. The former president emerges as the political hero of "The Age of Turbulence: Adventures in a New World," Greenspan's 531-page memoir, which is being published Monday.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.washingtonpost.com/wp-dyn/content/article/2007/09/14/AR2007091402451.html?hpid=topnews"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.washingtonpost.com/img/A85410CE-137F-4DBF-A6F5-390ABB46FB6A" alt="Alan Greenspan writes " /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.washingtonpost.com/wp-dyn/content/article/2007/09/14/AR2007091402451.html?hpid=topnews"><P>
Greenspan, who had an eight-year alliance with Clinton and Democratic Treasury secretaries in the 1990s, praises Clinton's mind and his tough anti-deficit policies, calling the former president's 1993 economic plan "an act of political courage."</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/EC388797-DC47-4F48-A38E-B4655A75D8F1/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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