That's absurd.


Dave Hall wrote:
No, that's math. An albeit simple example, but math nonetheless.


It's not math. Unless you consider stupidity & wrong numbers to be "math."


Take a look at your tax rate booklet... preferably before April 15th...


Why? I received my refund several weeks ago.


Didja ever notice that tax rates are different for different incomes?

Yeah, that darn liberal Greenspan! He's probably a terrorist sympathizer!


No, but it does illustrate that not even he knows the future. What he
says today, may not necessarily be accurate a year or more down the
road.


And when he makes statements that support Bush, he's an expert. When he
contradicts Bush, he just "doesn't know the future"... or at least,
that's a good fall-back when one is caugh blatantly lying about what he
says...



Or it could be that he's frustrated by the Bush Administration's
inability to carry out the positive aspects of their announced fiscal
plans. We all have to suffer from the negative aspects, no matter how
often Greenspan (and others) try to warn them.


Well that's certainly one way to look at it.

Yep. The sensible way, when one regards facts in the real world.

... I should not be
surprised, at this point, at the depth and determination that Bush
detractors will take to spin and paint everything he does in a bad
light, and highlight every piece of bad news we get as somehow his
fault.


And of course, since President Bush hasn't made any mistakes, *nothing*
that has gone wrong is really his fault.

Greenspan is a very astute individual who's quite skilled at his job.

He's also a political appointee who is supposed to ignore politics...
and has done so, for the most part.

It's worth noting that his statements about the Bush Administration
fiscal policies are more critical, and note more failures, than under
any president since he was appointed. But hey, why expect a guy who
doesn't understand relatively simple math like increasing marginal tax
rates to notice such things?

But so are meteorologists. They are skilled at their jobs too. But
despite their years of training and skill, they still can't accurately
predict the weather more than a few days out. There are too many
unknowns. Greenspan is up against the same type of issues.



No, he's up against trying to be an adult among an administration of
4-year-olds turned loose in a candy store.

DSK