Greenspan is blaming REPUBLICANS?!
Look, they’ve got plenty to be blamed for...but compared to the party of Obamugabe, they’re PIKERS when it comes to spending!
No, he’s not wrong.
Medicare Part D spending growth is very strong, and we already knew we had an entitlement spending issue when Bush and the GOP House leadership rammed it through.
The Bush administration put in place a new entitlement program on top of an already unsound entitlement program.