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Alan Greenspan: Why We Won't See GDP Stay At 3%

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Alan Greenspan, former Federal Reserve chairman, speaks with CNBC's Sara Eisen about the state of the U.S. economy. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Alan Greenspan: Why We Won't See GDP Stay At 3% | CNBC
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Text Comments (32)
James Ruscheinski (1 month ago)
Would it help for Fed to raise discount rate instead of fed funds rate?
Rob Van Gessel (3 months ago)
It's funny how self-proclaimed conservatives scream about debt, except for when their party is in charge. Trump's singular trillion dollar tax cut for billionaires and corporations, including Goldman Sachs, who ripped off investors during the Bush era: WHO do you think will be paying for it??? It will be 2008 redux
Donald Jay (3 months ago)
Well Alan you were wrong again to date 2 times above 3. Powell needs to remember how you destroyed this country.
Napi Coyote (6 months ago)
Take a good look at this artifact and remember he is Mr. Andrea Mitchell...!
ba sook (6 months ago)
I will be surprise if GDP rises to 2%. problem is debt to production
American Worker76 (8 months ago)
Growth not super hot but she is
Scott inohio (8 months ago)
Greenie is a has been!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Latino'sUSA2014 (8 months ago)
rurban (8 months ago)
She seemed a bit condescending
Rd G (8 months ago)
We will get to 30% growth if we can spread the technology that is keeping him alive.
Competition Sports (Subscription Channel) (8 months ago)
Ha Ha, Greenspan was the same guy who back in 2006 said that the real estate market was a solid thing and it wouldn't fail, then in 2007 it all crashed!
Askformoreinfo whichyouwontget (8 months ago)
Gdp on debt that is GDP on leverage is "negligible", because leverage has been used. Real gdp is much less hence.
80sruler (8 months ago)
Yea he’s wrong. Just like when he was Fed chair - over and over again
Joseph Redmond (8 months ago)
Hey do not listen more suckers will lose money in the market so other can make more
Eternalite Mission (8 months ago)
Let's face it allen you don't have long to live. You'll be explaining your economic policies (that have bankrupted and enslaved the population of this earth) to our creator in no time. (use large print he's very very old)
Joseph Redmond (8 months ago)
Eternalite Mission so I see people not listening. Should always listen to some one like this his you would be a fool not to hear it
Joseph Redmond (8 months ago)
Eternalite Mission he is rich. Rich people live longer in America
Jonas Santos (8 months ago)
Escort MR. Greenspan to jail aka subprime loan escalater
Yes4Motivation (8 months ago)
Someone get this guy some bitcoin!...
yoga (4 months ago)
nightlightabcd (8 months ago)
Keep in mind that this is the same man that pushed the Greenspan Doctrine of tax cuts,m which the GOP loves and used for the benefit of the GOP investors, resulting in twice quadrupling the national debt and most of the $21 Trillion in debt, which Greenspan himself admitted was a mistake, but the GOP pushes it anyway, for obvious reasons!! In truth, he has no credibility!
Q Jones (8 months ago)
Only if he didn't learn anything from his mistake, he certainly seems to have learned a lot. Meanwhile, Trump has magnified his mistake. Massive tax cuts to the rich, coupled with massive consumer taxes through tariffs, means that wealth will flow upwards drastically faster than it used to
Anonymous (8 months ago)
End all tax funding on Mental Healthcare! And why are the Swiss allowed to screw over the US?
Justin (8 months ago)
Greenspan and Bush helped get us into the crisis in 2007. I don't trust him or CNBC
IBlewUponYourFace (8 months ago)
Justin T. don't forget Bill Clinton
Zachary McCoy (8 months ago)
+Mijemu mijemu 👍
Mijemu mijemu (8 months ago)
This old man needs a doctor not an interview.
Yane Guzman (8 months ago)
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Marek Kolenda (8 months ago)
GDP3% domestic grovy minus 1%or2% inflation is real growth
Darwiishka Hawdka (8 months ago)
Marek Kolenda 1% inflation? Pshhhhh
Marek Kolenda (8 months ago)
Until 1990s communist country have 98% employment and economic system collapse
Marek Kolenda (8 months ago)
96% employment and not volatility on stocks market. Is inflationary economic growth
Marek Kolenda (8 months ago)
Canada could buy's military equipment from Russia, EU or others country inside US because tariffs sanctions.
E M (8 months ago)
The US needs to be punished for what Trump has been doing to NAFTA. Canada needs new fighter jets. I hope we go with one of the European products.
Vlad Poushkash (8 months ago)
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