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Bush disagrees with Greenspan on economy
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Contributor | Servo |
Last Edited | Servo Sep 20, 2007 07:23am |
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Category | News |
Media | Website - Yahoo News |
News Date | Tuesday, September 18, 2007 01:00:00 PM UTC0:0 |
Description | President Bush on Tuesday defended his management of the economy and "respectfully" disagreed with former Federal Reserve Chairman Alan Greenspan, whose new book blisters the president for mishandling the nation's spending.
"I would say that the record — our fiscal record — is admirable and good," Bush said in a broadcast interview with Fox News.
"I would respectfully disagree with the characterizations of Chairman Greenspan," the president later added in his first public response to Greenspan.
In his book, Greenspan accused Bush of racking up big budget deficits, saying the president and Congress' former Republican leaders abandoned the party's conservative principles favoring small government. |
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