Bush and Greenspan blamed for U.S economic crises
Why? Because of the huge costs incurred by the war in Iraq, tax cuts
to the Bush elite base, and more blunders .
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IENNA (Reuters) - Former Federal Reserve Chairman Alan Greenspan and
the government of President George W. Bush were to blame for the U.S.
financial crisis, Nobel laureate economist Joseph Stiglitz said in a
magazine interview.
"This man (Greenspan) has unfortunately made a lot of mistakes," said
former World Bank chief economist Stiglitz, according to a preview of
the interview to be published on Monday in profil magazine. All the
tax cuts which were introduced under Bush -- they didn't stimulate the
economy very much.
http://www.reuters.com/article/topNews/idUSL2719096320080427