It appears former Federal Reserve chairman, Alan Greenspan, is mad at America’s youth labeling them as a work force that ‘doesn’t shape up’ to the very productive baby boomer generation.
He is irked by the 25-year old set that have scored poorly academically when compared to their foreign counterparts. In addition he notes that their average income is lower compared to what the baby boomers was and their productivity is poor and declining. To add insult to injury he notes that their income is being protected and therefore subsidized by immigration policy that keeps out the more qualified immigrant worker.
Translation you are lazy, aren’t too smart and the only reason you have a job is that America is keeping out your competition!!!
Ouch – with friends like this who needs enemies. .