This reminds me of perhaps my very favorite Saint Greenspan moment: his solemn admonition to Congress that if we didn't pass a massive package of upper-class tax cuts we'd...pay down the national debt too quickly. Yes, what a plausible scenario that was, and how awful it would have been if in the worst-case scenario we could have taken the massive amounts of money we're wasting on interest payments and used it for tax cuts or needed government programs...
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