Alan Greenspan, who led the US central bank between 1987 and 2006, said America's huge debt pile meant policymakers "cannot afford" to embark on an infrastructure spending spree or major fiscal loosening as he signalled that the policies put forward by the US president would cause the world's biggest economy to overheat.
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Aren't we already in the Seventies, economically speaking? 2 percent growth, hidden high unemployment and inflation? What's the misery index been these last eight years?
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