Greenspan Talks Economics on Hardball

Greenspan Talks Economics on Hardball
http://video.msn.com/video.aspx?mkt=en-US&brand=msnbc&vid=e6ed2f93-a265-433d-bd08-45ee090e6edc

Greenspan talks about current issues such as Medicare, The Fairtax, Taxes, and the current state of our economy.

The thing with a state founded only with fairtax is that it only works in a world where more or less everything is privaticed, since the state won't have as much weight to throw around. If you don't want a state(or lack of same) like that, then a fairtax simply wouldn't provide with enough funds for the state.