Monday, April 18, 2011

Greenspan Comes out Against Bush Tax Cuts

link here to article

Greenspan supported the tax cuts in 2001 when we had budget surpluses from Clinton administration. He now claims that we can't afford to cut taxes and pay for them with borrowing anymore. It would have been nice if he had said this in 2001 but this is better than continuing to support the impact of the tax cuts on our deficits.

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