Alan Greenspan: It's the Gen-Xers Fault They're Out of Work

Jul 16, 2011 10:34

Former Federal Reserve chairman Alan Greenspan said in a recent interview that the U.S. is suffering from an unproductive youth movement in the labor force, and that companies don’t want to hire these young folk. Greenspan also said that U.S. companies would be better off hiring immigrants.

I yield the floor to FOX Business Director of News Ray ( Read more... )

thank you! fuck you!, federal reserve, jobs

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popehippo July 16 2011, 17:51:45 UTC

There is, sadly, much truth in what he says. The degradation of our educational system, thanks to a lack of accountability and a general resistance to innovation, is well-documented.

Who's fucking fault is THAT, I wonder.

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intrikate88 July 16 2011, 17:52:29 UTC
Preeeeeeeeeecisely.

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archanglrobriel July 16 2011, 21:59:32 UTC
Exactly this. I -wanted- a much better education than I could -afford- and that goes about triple for my daughter whose education makes my late 80's version of public high school look like "the good old days."

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celtic_thistle July 17 2011, 05:58:33 UTC
ikr, they act like Gen X'ers DECIDED to be born into a world fucked up by their parents' generation. :|

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fishnet_hamster July 17 2011, 11:31:08 UTC
*thumbs up*

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