From the department of Clinton-was-better-for-the-economy:
Of the presidents he worked with, Mr. Greenspan reserves his highest praise for Bill Clinton, whom he described in his book as a sponge for economic data who maintained “a consistent, disciplined focus on long-term economic growth.”Greenspan's tenure as Federal Chairman has come under scrutiny by some who say that he is partly responsible for the tech bubble and the recession that followed... as well as the current Subprime meltdown. Fortunately he has stuck by his guns and spoken truth about Bush's ineptness as a fiscal conservative.
It was a presidency marred by the Monica Lewinsky scandal, he writes, but he fondly describes his alliance with two of Mr. Clinton’s Treasury secretaries, Robert E. Rubin and Lawrence H. Summers, in battling financial crises in Latin America and then Asia.
By contrast, Mr. Greenspan paints a picture of Mr. Bush as a man driven more by ideology and the desire to fulfill campaign promises made in 2000, incurious about the effects of his economic policy, and an administration incapable of executing policy.
The White House is clearly not eager to get into a public argument with Mr. Greenspan, whom President Bush reappointed to a fifth term in May 2004. But they pushed back at Mr. Greenspan’s central themes.