Mrs Andrea Mitchell enrages The DUmp
Well would ya lookie here, just this morning I was shouting about this very bit of truth telling by the Maestro.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x914002grahamhgreen (1000+ posts) Mon Apr-18-11 01:58 AM
Original message
Greenspan: Young people are stupid, Social Security never existed
From Meet the Press Sunday 4-17-11:
"DR. GREENSPAN: ...as I watch what's going on, we have to remember that over the next 10 years or so we're going to find that the baby boom generation, highly skilled, highly educated, is going to fade from the scene.
It's going to be replaced by a generation who are now in school and creating grades which don't make us look very good in the international spectrum. This means that we are probably dealing with an economy which isn't growing fast enough or creating much real resources to fund the entitlement programs that we have already made.
I don't, I don't, I don't consider these--the issue of cutting back spending as essentially something which is new. I don't think we could afford it in the first place. We're really canceling something which didn't exist." (http://on.msnbc.com/e74GnM )
We already know that Greenspan considers SS an entitlement (http://bit.ly/fWGulx ).
Now he thinks it never existed - EVEN THOUGH THAT'S WHERE THE GOVT HAS BEEN BORROWING MONEY FROM TO STAY AFLOAT!
The guy's horns are showing.
Oh yeah, and he thinks young people are stupid...
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Just irrational exuberance of a youthful kind.
Hannah Bell (1000+ posts) Mon Apr-18-11 02:07 AM
Response to Original message
4. greenspan is an operative; he's the one who began the undermining of social security.
Edited on Mon Apr-18-11 02:09 AM by Hannah Bell
you can't trust a thing he says. during the clinton surpluses he said oh no, we need tax cuts because we might pay off the debt too quickly. now the debt is apparently a huge deal, contra his earlier line.
Anyone ever see this before ??
cbayer (1000+ posts) Mon Apr-18-11 11:58 AM
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38. Locking
We feel that a comment has been inserted into the editorial content here which could be construed as anti-semitic. Please feel free to repost without that reference.
Thanks,
cbayer
DU Moderator
(PS. If you have no idea what we are referring to, please feel free to alert this lock)
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cbayer (1000+ posts) Mon Apr-18-11 02:39 PM
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39. We are unlocking this while we reconsider.
cbayer
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A pause while the refs huddle to sort things out?
white_wolf (1000+ posts) Mon Apr-18-11 02:43 PM
Response to Original message
40. I don't give a damn what someone who literally studied at Rand's feet thinks.
To hell with him and 'Miss Rand."
This thread also has plenty of Ayn Rand bashing btw.
Amazing I don't think I have ever seen a lock and unlock before.