16 September 2007

Greater minds than mine

And he weighed in briefly but pointedly on the Iraq war: "I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil."

Bush took office in 2001, the last time the government produced a budget surplus. Every year after that, the government has been in the red. In 2004, the deficit swelled to a record $413 billion.

Alan Greenspan in his forthcoming book, "The Age of Turbulence: Adventures in a New World."

1 comment:

City Girl said...

I can't wait to see the first Old School Republican of the '08 election attack his opponent as a Tax and Spend Democrat.

Hell, "Tax and Spend" seems like a fiscally brilliant policy when compared with "Cut and Spend!"