>greenspan seems
>to have things under control.

Yeah, Greenspan is doing
a bang-up job.

"Alan Greenspan, with the
backing of the other mone-
tarists who dominate today’s
economic discourse, incre-
ased interest rates to de-
flate the economy. It worked.
Unemployment rates began to
climb. Officially it’s now
at 6.1% but that number masks
the huge number of people who’ve
simply given up looking. In
August, 93,000 jobs were lost
and now there are 2.1 percent
fewer workers on payrolls in
the U.S. than there were two
years ago, which doesn’t even
take into account the needed
job growth to keep up with pop-
ulation increases." (Business
Week September 29)

Way to go, Alan.