After nearly blowing up the world 10 years ago, Alan Greenspan seems to think that there are still people who give a crap what he thinks:

Raising the marginal tax rate on the richest Americans to 70 percent would put a major dent in the economy, former Federal Reserve Chairman Alan Greenspan said Monday.

During an interview with the CBS program “60 Minutes” that aired Sunday, freshman Rep. Alexandria Ocasio-Cortez proposed that such a levy be imposed to pay for what she calls a “Green New Deal” to slash carbon emissions and ultimately wean the U.S. off its reliance on fossil fuels.

The tax would apply to those earning more than $10 million a year, a group that currently pays the top marginal tax rate of 37 percent.

Without getting into the details, Greenspan said the move would have dire consequences.

………

When it comes to taxes, Greenspan said the measure passed in 2017 “was an excellent tax cut” though Congress failed to come up with a way to pay for it. He noted that the U.S. budget deficit for fiscal 2018 is likely to hit $1 trillion due in large part to entitlement burdens that lawmakers have not addressed.

It appears that Ayn Rand’s biggest fan doesn’t give a sh%$ about deficits unless there is a possibility that they might help poor people.

This is a man whose take on financial fraud was that the market would take of the problem.

Please, Alan Greenspan, shut the F%$# Up.