• Categories
Location |   Home >> Quotes SMS >> Author Wise Quotes >> Alan Greenspan Quotes
  • Alan Greenspan Quotes   143
  • Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage pricing mechanism. 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. Eliminating such restrictions would reduce at least some of the income inequality.
    • 6 years ago



    Tags : Alan Greenspan Quotes , America Quotes , Labor Force Quotes
  • We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ] 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.
    • 6 years ago



    Tags : Alan Greenspan Quotes , Country Quotes , School Quotes
  • A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.
    • 6 years ago



    Tags : Alan Greenspan Quotes , Home Quotes , Years Quotes
  • Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.
    • 6 years ago



    Tags : Alan Greenspan Quotes , Cutting Quotes , Thinking Quotes
  • Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?
    • 6 years ago



    Tags : Alan Greenspan Quotes , Past Quotes , Japan Quotes
  • I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive.
    • 6 years ago



    Tags : Alan Greenspan Quotes , Wall Quotes , Government Quotes
  • The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses...While these tendencies were no doubt in train in the "old," pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.
    • 6 years ago



    Tags : Alan Greenspan Quotes , Past Quotes , Technology Quotes
  • The only sustainable way to increase demand for vacant houses is to spur the formation of new households. Admitting more skilled immigrants, who tend to earn enough to buy homes, would accomplish that while paying other dividends to the U.S. economy.
    • 6 years ago



    Tags : Alan Greenspan Quotes , Home Quotes , House Quotes