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Greenspan: Fear of War Dragging Down U.S. Economy

Federal Reserve Chairman Alan Greenspan testifies before a congressional panel that worries about war and corporate corruption are a drag on growth, but overall the U.S. economy remains fundamentally strong. Greenspan also says the economy could absorb the cost of a war with minimal damage. NPR's Jim Zarroli reports.

Copyright 2002 NPR

Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.