Alan Greenspan says economy will start to fade ‘very dramatically’ because of entitlement burden

Alan Greenspan says economy will start to fade ‘very dramatically’ because of entitlement burden
Economic growth won’t last as the U.S. labors under the burden of growing entitlement programs and weakness around the world, former Federal Reserve Chairman Alan Greenspan told CNBC. The long-time central bank chief repeated his warnings about the weight that Social Security, Medicare and other programs are having on what have been otherwise solid gains over the past few years