[Dedzy]

Good article shamrock,
I was noticing how Greenspan changed his tune over the last couple years concerning deficit spending, but not to this amount.
To be fair, I don't think there was a lot more that Greenspan could have done about the most recent economic readjustment from the technology bubble: He warned about it, then he had to cut rates once it happened.
What bothers me the most is not that he advocated tax cuts. It's that the vast majority of the tax cuts went to the wealthy class that was just going to reinvest the returns anyway, not spend it. If the goal was to increase private spending, the tax cut should have been more bottom-loaded. But that would never have happened in this administration.