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bpuharic

On Mon, 26 Jul 2010 02:14:17 -0400, wrote:

On Sun, 25 Jul 2010 23:15:15 -0400, bpuharic wrote:

in the last 10 years, productivity went up 30%. and NONE of that went
to the middle class

Productivity went up because they laid off so many people

RING RING RING!!!

someone just rang the BULL**** ALARM!!!

uh no. for most of the last decade the economy was running at full
employment and even THEN the middle class didn't get an increase

so you tell me: how does the middle class spend money it does not
have?

You are starting to see why I fear for out future.
The idea that you can get employers to pay workers more when the
product cost can't go up is not going to happen.

and what happens when costs go DOWN? when productivity goes UP the
COGS goes DOWN.

yet NONE of that got passed to the middle class.

and the right thinks this is great