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>>>>Regardless of who prevails here fully 1/2 of the country will be unhappy. Personally I think the gridlock is wonderful and the less the federal government does the better. <g>
>>>
>>>Robert Reich says that Greenspan also likes gridlock...
>>
>>Indeed? Hadn't heard that one.
>
>
>Yeah, Reich says that Greenspan is equally concerned about Gore's spending plans and Bush's tax cutting plans. So grid-lock means that neither can happen and the economy can continue a modest expansion.
>
>Peter
Peter,
Greenspan, I would dare say, holds more power than the President - in the sense he can more quickly cause the market to swing.
A lot of people decry all the bickering and so forth. Personally I see this as
exactly what the framers intended - to keep the federal government as weak as possible.
For me - it would be wonderful just to freeze government spending for 2-3 years at current levels, ditch the stupid 'spend it or lose it next year' rules and devolve government. I don't think there's much chance this will happen as it's about impossible for those holding power to let it go (Psst.. Remember George Washington?)
Thanks again!
Best,
DD
A man is no fool who gives up that which he cannot keep for that which he cannot lose.
Everything I don't understand must be easy!
The difficulty of any task is measured by the capacity of the agent performing the work.