Greenspan Says Surge in Government `Activism’ Is Hampering U.S. Recovery

Scott Lanman, Bloomberg | 3-3-2011
Former Federal Reserve Chairman Alan Greenspan said a surge in U.S. government “activism,” including fiscal stimulus, housing subsidies and new regulations, is holding back the economic recovery.

Increased bond issuance by the Treasury Department crowds out borrowers with the weakest credit ratings…… Read More