Friday, October 24, 2008

"Sorry my flawed ideology resulted in our plummeting economy"

Imagine if you made a mistake on the order of magnitude to which the venerable Alan Greenspan admitted in his testimony earlier this week.

Imagine if you had the power (just for a day, even, to say nothing of the decades which Greenspan had) to lead our nation--our entire nation--down the primrose path to economic uncertainty (for all), economic turmoil (for many), and outright economic disaster (for a pitiable few).

For Keynesians like me, I'm glad Alan Greenspan lived long enough to get his comeuppance, and I'm happy I'm around to see it.

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