Thursday, March 10, 2005

Big Al gets dissed

You'd think with the all fiscal hackery that Alan Greenspan has supplied for Dubya over the last four years, that he'd have some expectation not to get casually trashed by Dubya. But with a Social Security "reform" plan to sell, and Big Al probably in his final term at the Federal Reserve, nothing is sacred:

[Dubya in Kentucky, today] You might remember 1983, they solved the Social Security problem -- they said it's a 75-year fix. Well, here we are, 22 years later, looking at a system that's going to go into the red in 2018. You know, it's one thing to tell the people that you're going to fix it; but this time we are, permanently.

And what short-sighted Freedom(TM)-hating person could have put their name to that 1983 Job Not Done? The Greenspan Commission.

UPDATE: Brad DeLong notes that Dubya is also off on the 75 years part.

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