I know, we all know it, but Greenspan just said it... ;D ;D ;D

Greenspan Says Government 'Activism' Hampering U.S. Recovery
Former Federal Reserve Chairman Alan Greenspan said a surge in U.S. government "activism," including fiscal stimulus, housing subsidies and new regulations, is holding back the economic recovery.
Increased bond issuance by the Treasury Department crowds out borrowers with the weakest credit ratings, Greenspan said in an article in International Finance, published on the Web today. At least half of the shortfall in companies' capital spending "can be explained by the shock of vastly greater government- created uncertainties embedded in the competitive, regulatory and financial environments" since the failure of Lehman Brothers Holdings Inc. (LEHMQ) in 2008, Greenspan said.
http://www.bloomberg.com/news/2011-03-03/greenspan-says-surge-in-government-activism-is-hampering-u-s-recovery.html

Wonder how long it took Greenspan to figure this out? He should have said this last year when the Dems had full control of the govt.

If he is still with Andrea Mitchell, maybe he could give that radical liberal a clue?

Quote from: U_Kay on March 04, 2011, 11:56:54 AM
Wonder how long it took Greenspan to figure this out? He should have said this last year when the Dems had full control of the govt.

If he is still with Andrea Mitchell, maybe he could give that radical liberal a clue?

Good question.
You would think he would have spoken up earlier and done his best to stop Husein from printing money, or was that a Greenspan idea?