Rob Palombi
Rob Palombi
adjust allow economy economy-and-economics expanding monetary objective policy prudent speeches stretch
Greenspan's objective is to keep the U.S. economy expanding for as long a stretch as possible. That's why he's being so prudent in his speeches and that's why he'll adjust monetary policy to allow for that.
cuts debt either larger leads left reduction tax
Gridlock leads to more debt reduction than either tax cuts or new spending. Because what we will be left with at the end of the day are larger surpluses.