Some tough words, but a reality check is a good thing.



Former Federal Reserve chairman, Alan Greenspan, has lashed out at America's younger workforce, saying they don't match up to the 'baby boom' generation.


Mr Greenspan said the U.S. is in the process of seeing the baby boomers, which he called 'the most productive, highly skilled, educated part of our labour force' retire.


'They are being replaced by groups of young workers who have regrettably scored rather poorly in international educational match-ups over the last two decades,' he added in the interview with Globalist.


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Mr Greenspan then suggested it would be better for America to hire skilled immigrants to counter the worrying trend.





'Most high-income people in our country do not realise that their incomes are being subsidised by their protection from competition from highly skilled people who are prevented from immigrating to the United States,' he said.