February 18, 2005

YOU JUST CAN'T GIVE THEM ENOUGH ROPE:

Dems were lemmings, Greenspan the cliff (Robert Robb, Feb. 18, 2005, Arizona Republic)

[A]n oracle Greenspan has become. And given that, it's puzzling why Democrats would spend so much time in the Senate Committee on Banking, Housing and Urban Affairs the other day grilling him about Social Security.
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After all, Greenspan's support for personal retirement accounts was already known. And his willingness to make the case for that approach, within the limits of Greenspanese, was entirely predictable.

And, indeed, a powerful case he did make. [...]

Now, none of this was in Greenspan's prepared remarks, which concerned the current state of the economy. (He generally thinks it's pretty peachy, by the way.) Virtually all of it came in response to suicidal questions by Democratic opponents of personal retirement accounts.

Posted by Orrin Judd at February 18, 2005 7:18 AM
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