A Quote by Alan Greenspan
There is a huge number of people outside our borders who would love to come here. In fact, many of them come here, get well educated, and then are required to leave... This is a factor in income inequality.
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This is a big world. Billions - rapidly increasing billions - of people live outside our borders. Obviously, a great number of them, being much poorer than they think most of us are, look enviously over those borders and would like, if they could, to come here.
Let's stop all of this foolishness and come together as a people or we will deserve the chastisement of God that is about to come down. Especially on the rich and the professional well-educated Black person who could make a way in the desert for our people, but you're so tied to your slavemasters and their children. You don't want to leave them nor do you want to lead your people into doing something for self. We're at the end of it now.
A lot of our sources for income-inequality measures come from household surveys in which people report how much they earned in the last year, how much income they have, and so on. Those are not as well funded as they should be. We need to have those numbers.
[ Rajiv Gandhi] was very reflective and rueful and regretful about the fact that his children's education...He wanted them to get educated outside of India, but he said to me the only place that he found where they would be safe was in Russia, and he didn't really want them to be educated there! So, I said, "Well, send them to Australia. I'll look after them." And my security bloke went absolutely bloody bananas, and I said, "We'll look after them." But, in the end, he didn't send them.
Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people.
There have always been two theories about inequality. One is that it reflects just deserts. The other is that there are large elements of exploitation and inequality of opportunities. The evidence is overwhelmingly that the increase in inequality is associated with those negative factors. If it were all social contribution, then when the top did better, they would be contributing to everybody's well-being. That trickle-down hasn't happened. We've seen median income, people in the middle, actually worse off than they were 25 years ago.
We don't make enough in our job to live the way that we would want to and to have the support that we would need. Most of our income doesn't even come from our salary from our employer and we have to find income from other places.
What would ultimately de-escalate the challenges of society would be for people to get educated, especially for more women to be educated because when more women are educated, they invest much more of their time and income in ensuring that the next generation would perform even more than they have done.
In terms of - my relationship with so many, many young people. I would - I would guess that there are many young people who would come forward. Many more young people who would come forward and say that my methods and - and what I had done for them made a very positive impact on their life. And I didn't go around seeking out every young person for sexual needs that I've helped. There are many that I didn't have - I hardly had any contact with who I have helped in many, many ways.
We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ] 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.
Both my parents are English and came out to Australia in 1967. I was born the following year. My parents, and immigrants like them, were known as '£10 poms.' Back then, the Australian government was trying to get educated British people and Canadians - to be honest, educated white people - to come and live in Australia.
When two individuals come together and leave their gender outside the bedroom door, then they make love.
A very high fraction of America's economic problems come not from our difficulties with education or globalization or competition with the Chinese or whatever. But they come from the fact that a small number of wealthy and powerful people who run dangerous and/or inefficient companies are able, through the use of money in the political process, to prevent the government from regulating them properly.
I just remember when my first child was born I called the personnel office and I asked them about their leave policies. And they said, "Leave policies? Women just leave and they don't come back." And I said, "But I want to come back." They said, "We have no leave policy." And then they said, "Why don't you apply for disability?" Well, having a child is not a disability.
When you are in conflict with someone, there is one factor that can make the difference between damaging your relationship and deepening it. That factor is attitude. We don't get to know people when they come to us; we must go to them to find out what they are like.
Race is a huge factor when it comes to income and social inequality, and it plays a role in the structural barriers you are talking about. But when you're in the upper echelon of the 1 percent - even though it's certainly a more white demographic overall - there are fewer barriers.
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