Wednesday, September 15, 2010

Greenspan: Fiscal Stimulus Worked Far Less Than Expected - Real Time Economics - WSJ

Please make him go AWAY.....

Greenspan: Fiscal Stimulus Worked Far Less Than Expected - Real Time Economics - WSJ:

The former head of the Federal Reserve said fiscal stimulus efforts have fallen far short of expectations, and the government now needs to get out of the way and allow businesses and markets to power the recovery.

“We have to find a way to simmer down the extent of activism that is going on” with government stimulus spending “and allow the economy to heal” itself, former Fed Chairman Alan Greenspan told a gathering held at the Council on Foreign Relations in New York on Wednesday."

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