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Is Greenspan the new Marx? News Team

Alan Greenspan calls for open borders and lower wages for skilled workers in new video.

“We ought to be opening up our borders to skilled labor from all parts of the world because 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.”

 The quote occurs about 39 minutes into this video from Democracy Now.