NEWSMAX: “I consider income inequality the most dangerous part of what’s going on in the United States,” former Federal Reserve Chairman Alan Greenspan said at the National Association of Business Economists conference Monday, according to The Fiscal Times…
Greenspan also calls for immigration reform, where he sees a connection to the income inequality issue. The economy needs a boost in immigration, especially among high-skilled workers, he says.
“We cannot manage to staff our very complex, highly sophisticated capital structure with what’s coming out of our high schools,” Greenspan said. “If we’re not going to educate our kids, bring in other people who want to become Americans. Let them in here, and let them use their skills.” … (more)
