Alan Greenspan apparently told the French (why them?) that U.S. deficit spending is out of control.
Okay, a couple of hurricanes, an overseas war, individual and corporate bankruptcies increasing, manufacturing jobs going overseas, energy costs soaring... and Alan complains about a little government debt.
Why should we worry? ...tax ...payers.... Oh, yeah. There is a bill at the end of the tunnel. But, hey, our credit is good, isn't it? Besides, the Chinese are using all of those excess dollars that they have to fund that debt, so we don't have to worry, right? Right??? ...debt ...service.... Oh, yeah.
Okay, the government is spending like there is no tomorrow. Hmmm, maybe it knows something we don't?
