Skip to content

Company Quote by Alan Greenspan

“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.” quote by Alan Greenspan
Download Open image
“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.”

Alan Greenspan

About This Quote

Source Speech: Economic Forum, 2005

Increasing skilled immigration addresses labor shortages and promotes income equality by raising competition among high earners.

In simple terms: Skilled immigration helps jobs and equality.

Key Takeaway

Support policies that attract skilled talent.

Themes

immigration economics equality

Mood

analytical optimistic

Type

policy economic

When to use this quote

  • government policy
  • business strategy
  • public debate

Key Concepts

labor markets skill gaps income distribution

Questions to Reflect On

  • How can integration be ensured?
  • What safeguards protect domestic workers?
A Different Perspective

Immigration may strain public services if not managed.

4.6 out of 5 (4 ratings)

More by Alan Greenspan

Explore all 204 Alan Greenspan quotes

More Company quotes

Browse all 8,472 Company quotes