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December 6, 2009

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User profile: phoebebates

Joined: Sept. 29, 2008

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Gordon wrote: Reagans republican appointee, Alan Greenspan cut interest rates too far and for too long.

Greenspan was appointed Chairman of the Fed in 1987 by Reagan for a four year term. He was then reappointed by George H.W. Bush in '91 and Bill Clinton in '95 and '99 as well as George W. Bush in '03 before leaving the post in early 2006. Calling him "Reagans republican appointee" isn't exactly accurate.

(Suggest removal) 9/29/08 at 3:47 p.m.

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