Greenspan’s remarks about a possible renminbi revaluation also make me wonder exactly what the Fed would do if and when China does revalue. Mark Thoma and David Altig (among others)…

…lessons of history as modern fiscal policy is cutting taxes as transfer payments and defense spending have risen. And the Greenspan FED is showing signs that it will raise interest…

Mr. Magoo sees bubbles too! Just last month, in testimony to Congress, Federal Reserve Chairman Greenspan opined on housing: “I think we’re running into certain problems in certain localized areas.”…

…is that in the next 10 to 20 years, given the Bush tax cuts that Greenspan supported, the Federal government’s debt will be extremely large. The problem is that by…

…discussion on spending and taxes in general from Matthew Yglesias entitled “The Looming Crisis”, where Matthew takes on Greenspan’s Garbage: Obviously, raising the requisite tax revenue would be politically difficult….

…of 2018? Simply this – ever since the Reagan-Greenspan Soc. Sec. recommendations were implemented a generation ago, we thought we were prefunding the retirement benefits of the baby boom generation….

…steady quarter-point rate hikes), then that suggests to me that Greenspan is significantly more tolerant of inflation than most of his central bank counterparts around the world. Personally I have…

…deal, but then that has been long recognized by economists who would also note that the Reagan-Greenspan Social Security Commission raised the payroll contribution 20 years ago so my generation…

…But this is exactly what the Bush-Greenspan agenda is: to pay for tax cuts on capital income by diverting the retirement benefits paid for by payroll contributions, which will become…

…systems and the system we had before the Reagan-Greenspan reforms. In fact, there are lots of issues we can be talking about in the Social Security debate. But the Bush…