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Wednesday, March 02, 2005

This doesn't make any sense!

Just glanced over at headline on Yahoo Finance news, it reads
Greenspan Urges Action on Social Security
Wednesday March 2, 11:41 am ET
By Martin Crutsinger, AP Economics Writer
Greenspan Urges Quick Action to Deal With Financial Problems in Social Security, Medicare


But then as I read through the article I found this little tidbit,
Greenspan, as he did a month ago, urged a go-slow approach to setting up Bush's proposed private accounts.



and this one,
Greenspan said it is difficult to judge what impact that increased borrowing will have on financial markets and for that reason, the government should move cautiously to keep from triggering higher interest rates.


Here is the entire article

Update: After reading the article a little more carefully, it seems as though Greenspan may say the funding needs to be adressed quickly, but the other issues need to be addressed more slowly. Wait that still doesn't make any sense!

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