WASHINGTON, Feb. 16 - The Federal Reserve's chairman, Alan Greenspan, said today that he favored private accounts within Social Security, a pillar of President Bush's plan to revamp the retirement system. But Mr. Greenspan also signaled that he wanted to change Social Security slowly.
link
You know, I can remember to when everyone loved this guy under Clinton. How he was "maestro" of Clinton's economy, balanced between growth and inflation, yada, yada. I dunno now.
I mean, when Clinton was president and we weren't at fighting in 2 separate nations plus a GWOT while cutting taxes and slashing food stamps and school budgets, it was easy to overlook Greenspan's liberatrian tendencies.
But, now he's looking more and more like a liability. He signed off on all of Bush's irresponsible tax cuts and now he's signing off on irresponsible SSP. I think he's putting his libertarian ideology above economic sense.