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Today in history, the 25th of January 2001....
Today in history, the 25th of January in 2001, the FOURTH DAY of our "MBA president's" first term, Alan Greenspan said in Senate testimony that Bill Clinton's fiscal surpluses are - an economic danger to the nation's very survival! - that paying down the national debt was a bad thing, and advocated a line of warm, steaming bullshit he made up and called, "preemptive smoothing".
So. It's been 19-years. How'd that "smoothing" work out for ya'...?
