An Update.

I touched on this in today's Jack Kelly Sunday posting.

Alan Greenspan had more to say about the Bush tax cuts.

From the Huffingtonpost:

Former Fed Chairman Alan Greenspan said that the push by congressional Republicans to extend the Bush tax cuts without offsetting the costs elsewhere could end up being "disastrous" for the economy.

In an interview on NBC's "Meet the Press," Greenspan expressed his disagreement with the conservative argument that tax cuts essentially pay for themselves by generating revenue and productivity among recipients.

"They do not," said Greenspan.

Whah? They don't pay for themselves?

And Greenspan said that?

What will the wingnuts do now?