September 29, 2007

You See, That's What I'm Talking About

Dr. X posts this from the The Center for the Advancement of Objectivism:

"Alan Greenspan does not support our President. In case you missed it, in his new book (reviewed here by The Wall Street Journal) and in his subsequent book tour, Greenspan offers the following disloyal opinions:
  • The administration's ideological rigidity was profoundly harmful to economic policy: 'Little value was placed on rigorous economic policy debate or the weighing of long-term consequences.'
  • This resulted in uncontrolled deficit spending that betrayed the ideals of the Republican Party.
  • The Iraq war is all about oil.
  • Bill Clinton was an extremely intelligent president whose economic policies consistently emphasized long-term economic growth.
  • To avoid major social problems due to income inequality, we should place greater emphasis on education and pay teachers more.

"If only there were some political group in this country that believed Clinton had the right idea, that economic growth and a balanced budget are not incompatible objectives, and that we should do more to support education and address income inequality...

"Welcome to the Democratic Party, Mr. Greenspan."

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