Those were the days my friend | Arkansas Blog

Those were the days my friend

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Retired Federal Reserve chairman Alan Greenspan has little good to say about Bush/Republican fiscal policy in a new memoir. The previous administration?

Of the presidents he worked with, Mr. Greenspan reserves his highest praise for Bill Clinton, whom he described in his book as a sponge for economic data who maintained “a consistent, disciplined focus on long-term economic growth.”

It was a presidency marred by the Monica Lewinsky scandal, he writes, but he fondly describes his alliance with two of Mr. Clinton’s Treasury secretaries, Robert E. Rubin and Lawrence H. Summers, in battling financial crises in Latin America and then Asia.


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