...and you expect Greenspan to do what? Educate a youth whose attention span is precisely calibrated to the exact length of a music video? Maybe he should raise all the Third World wages so they are competitive with wages in the U.S.? Maybe he should implement a seres of subsidies to businesses to build factories in previously abandoned industrial areas?
It's an adult world. America will either compete or perish.
How the American workers can compete in selling their labor, when their living expenses are much higher? Can they work for less than they spend?
How can they lower their living expenses without moving out of USA or without government subsidies?
We'll soon have one Happy Hemisphere, free trade, travel, settle wherever you like...maybe Mexico won't allow that, but no matter. The US will have millions more former Third World residents to educate, feed, clothe, etc.. This migration of unskilled, uneducated, non-English speaking peoples is insane and is overwhelming this country; in fact, we're probably the world's laughingstock. Worst of all, it's totally illegal and rammed down our throats without even a national discussion let alone a vote.
It's an adult world. America will either compete or perish.
Pile it up, pile it high...