The Future of Unskilled Labor

Dean Baker on the fact that the people who lauded Alan "Bubbles" Greenspan upon his retirement in 2006 still have lucrative jobs working in senior management at the Federal Reserve:

BTW, as noted in the article, many of the people at these Fed meetings are still in top policy making positions. This shows that the U.S. economy still produces good-paying jobs for people without skills.

H/t Atrios.