Alan Greenspan’s solution to economic inequality in the United States is to turn all Americans into 3rd world serfs. He also thinks Americans really do not need middle class incomes, nope, we all are just greedy little chickens pecking out power for power’s sake.
We pay the highest skilled labor wages in the world.
We need to supress the wage levels of the skilled. We need to surpress wages in comparison to the “lesser skilled ”
- Alan Greenspan
“If we open up our borders….we could supress wages of middle class jobs” - Alan Greenspan
Then Greenspan further claims that we don’t need money to be happy, it’s all about the pecking order order in our society! Americans are viewed as a flock of chickens, who need to be shipped off to the labor arbitrage slaughter house!
Alan Greenspan claims that the answer to solving social inequality is to make everyone poor! (except for those few elites right?) and then tries to suggest that all societies are some sort of sociopathic pecking order! Like this one based on color perhaps?
CrapMan000 found and edited this Greenspan clip with accurate gallows humor and black sarcasm commentary. CrapMan, we agree, this is disgusting to see someone claim the answer to today’s inequality is to simply make everyone poor. In other words to make everyone unequal to the ruling elites!
UPDATE: This great clip and CrapMan000’s YouTube account have been DELETED! I have no idea why and have no contact with Crapmanooo. The original interview from which he edited his commentary is on Google Video.
A little reminder of past ideas on what the social pecking order should be.
I too am concerned about the future of good-paying jobs. After being out of work for 6 mo I lost my house and had to file bankruptcy. Given the outlook for the continued erosion of middle-class jobs I am swearing off ALL debt. I didn’t become debt-free by the best means but I am debt-free. I think as the standard of living in America declines many Americans will suffer tremendous stress and depression over debt they can no longer afford to pay on. And so I would and will recommend any children of mine and others starting out or starting fresh.