Will the Real Alan Greenspan Please Stand Up (for America)

What’s gotten into Alan Greenspan? Is he schizophrenic? Has he gone senile? Or is he simply shilling for Wall Street? Whatever the explanation, something doesn’t add up. What happened to this guy, who boldly declared that the US government can always pay its debt?

Or this guy, who confessed to Congressman Ryan that Social Security wasn’t financially unsound?

Where did this guy come from, and why is he claiming that we have a “debt problem” and that our entitlement programs are “unsustainable”?


Could it have anything to do with that Wall Street shill Peter G. Peterson, whose name is plastered all over the canvas in the background?

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About Stephanie Kelton 24 Articles

Affiliation: University of Missouri

Stephanie Kelton, Ph.D. is Associate Professor of Economics at the University of Missouri-Kansas City, Research Scholar at The Levy Economics Institute and Director of Graduate Student Research at the Center for Full Employment and Price Stability.

Her research expertise is in: Federal Reserve operations, fiscal policy, social security, health care, international finance and employment policy.

Visit: Economic Perspectives

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