Cheney says Greenspan is 'off the mark': WSJ

0 Comments | AFP, September, 2007

WASHINGTON (AFP) — Vice President Dick Cheney wrote in a Wall Street Journal editorial Wednesday that former Federal Reserve chairman Alan Greenspan's criticism of President George W. Bush's economic record was "off the mark."

Greenspan, who during his tenure as Fed chief was famously tight-lipped, accused Bush in a new memoir of abandoning Republican principles on the economy, and slammed his tax cuts and increased spending.

"Greenspan argues that President Bush's economic and budget policies have been fiscally irresponsible. I've known and admired Alan for years, and I believe he was a great chairman of the Federal Reserve Board. But I think his assessment is off the mark," Cheney said in the opinion piece.

"The combined effects of recession and national...