Former Federal Reserve Chairman Alan Greenspan warned on Tuesday the U.S. economy was on the brink of a recession, with the chances of that happening at more than 50 percent.Surprising news since we have been under the wing of the most deft leadership that I can recall.
The U.S. economy has been hit by a credit crisis which began in the sub-prime mortgage market, prompting a series of interest rate cuts to help boost the economy. But price pressures are growing, making more rate cuts unlikely.
Think about it, Bush's is the most capable leader we've had. His capability however runs in the negative. We cannot recall one single aspect of his presidency that has shown any benefit whatsoever.
The only job left for Bush and company is to work as hard as possible to reinvent history, hide behind a massive wall of lies (excuse me - misinformation), and attack Democrats.
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