Alan Greenspan Standards Quotations

The only way you get economic progress, real standards of living moving higher, is to have the savings of the society continuously invested in the cutting-edge technologies. And those technologies which are obsolescent get dropped out.

Increased jobs are the consequence of increased trade. Increasing jobs more than output implies a fall in productivity and standards of living. That surely cannot be our goal.

through education and training, not by restraining the competitive forces that are so essential to overall rising standards of living of the great majority of our population.

Protectionism in all its guises, both domestic and international, does not contribute to the welfare of American workers, ... At best, it is a short-term fix at a cost of lower standards of living for the nation as a whole.

a process that has undoubtedly improved national productivity growth and standards of living.

The addition of the Chinese economy to the global marketplace will result in a more efficient worldwide allocation of resources and will raise standards of living in China and its trading partners,

in modest quantities does enhance the rate of growth of the economy and does create higher standards of living, but in excess, creates very serious problems.

investing Social Security trust fund assets in equities compromises the efficient allocation of our capital -- which?is so essential to raising our standards of living.