Quote by: Alan Greenspan

Most high-income people in our country do not realize that their incomes are being subsidized by their protection from competition from highly skilled people who are prevented from immigrating to the United States. But we need such skills in order to staff our productive economy, so that the standard of living for Americans as a whole can grow.


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Author Bio


  • NameAlan Greenspan
  • Description13th Chairman of the Federal Reserve in the United States
  • BornMarch 6, 1926
  • CountryUnited States Of America
  • ProfessionEconomist; Banker; Politician; Entrepreneur; Jazz Musician
  • AwardsKnight Commander Of The Order Of The British Empire; Presidential Medal Of Freedom