I've always argued that this country has benefited immensely from the fact that we draw people from all over the world.
Alan GreenspanRead
Significantly opening up immigration to skilled workers solves two problems. The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.
Interpretation
What this quote means
Opening immigration for skilled workers benefits companies and promotes income equality.
This quote by Alan Greenspan highlights the dual advantages of significantly increasing immigration for skilled workers. Not only does it enable businesses to hire the educated labor they require to thrive, but it also creates a competitive environment where these skilled workers can negotiate for better wages, ultimately contributing to greater income equality across society.
Themes
ImmigrationSkilled WorkersIncome EqualityEconomyCompetition
In practice
Example use cases
During a conference on economic growth, one might use this quote to emphasize the importance of skilled immigration in fostering a robust economy.
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