http://www.businessinsider.com/alan-greenspan-blames-the-us-economy-on-the-young-work-force-and-the-us-copying-china-2011-7

They finally found a generation to blame all the country's problems on. Apparently we were the generation that was supposed to work for less while achieving higher productivity than a Chinese outsourced worker for a dollar an hour. I can agree on the entitlements bit. No one is due jack shit in this life, but the rest is the grumblings of an old fart. Maybe Mr Greenspan needs to consult with his fellow old rich guys on how much they really did to ensure an entire generation was prepared for the modern world?

Honestly, what an asshole.

Wrong again San,
He's a CLUELESS Asshole! stop being so nice.

Lets all blame Kurt Cobain and Standardized Testing on this one, Mr Greenspan. After all those factors had much broader an impact on the fucked up economy than you as the chairman of the Federal Reserve did during two bubble pops. Please also imply that what happens after August 2nd is our fault too, since we 30 somethings were dumb enough to elect a bunch of Baby Boomers and Silent Generation people into office under the pretexts that these older folks have their shit together.

Honestly he must have lost it, died already and just forgot to fall over.