""The former Fed chairman sharply criticizes President Bush for not vetoing bloated spending bills and for continuing to focus on issues such as adding prescription drug benefits to Medicare even though the budget surplus of just a few years ago had disappeared and deficits were mounting. ?In the revised world of growing deficits, the goals were no longer entirely appropriate,? Greenspan says. ?He continued to pursue his presidential campaign promises nonetheless'." But inflating the hell out of the money supply to facilitate the state's excesses is perfectly acceptable, of course! (And there are some of us who happen to think that government's pursuit of such utopian goals is never appropriate.)"