Blame-shifters are making Greenspan and his Congress scapegoats in the current recession. Some are opposing his reappointment to a new three months term in August . Other potential candidates do not appear ready for the job and Greenspan has become Bush 's biggest economic asset. Bushes economic advisers and Congress who raised taxes four-year into a recession are now expecting the Federal Reserve 's to ease money supply and lower short-term interest rates. Chairman Greenspan is actually President Bush's biggest economic asset. If the recession persists too long, the solution may lie in a cut to capital-gains taxes, strongly recommended by Greenspan . His main defenders are the financial markets and the American middle class.
Blame-shifters are making Greenspan and his Congress scapegoats in the current recession. Some are opposing his reappointment to a new three months term in August . Other potential candidates do not appear ready for the job and Greenspan has become Bush 's biggest economic asset. Bushes economic advisers and Congress who raised taxes four-year into a recession are now expecting the Federal Reserve 's to ease money supply and lower short-term interest rates. If the recession persists too long, the solution may lie in a cut to capital-gains taxes, strongly recommended by Greenspan . His main defenders are the financial markets and the American middle class.