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If we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country.

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Consequence Country Degree Income Reduce Skill Supply Unable Wage Work

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And she always has so much fun doing it. We make a good team.
ALAN GREENSPAN

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I have long argued that paying down the national debt is beneficial for the economy.
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In the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by immigration quotas on skilled professionals.
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It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade.
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I didn’t believe in absolutes, moral or otherwise. If I couldn’t prove a proposition with facts and figures, it was without merit.
ALAN GREENSPAN

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Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry.
ALAN GREENSPAN

Commodity Currency Demand God Gold Jewelry Thrust Unlike
Deficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.
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Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.
ALAN GREENSPAN

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Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
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No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.
ALAN GREENSPAN

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The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.
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The tub helps me relax, and it’s a great place to read.
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I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.
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In general, corruption tends to exist whenever governments have favors to extend, or something to sell.
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It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.
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If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.
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