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First recorded activity by BoatBanter: Nov 2007
Posts: 864
Default Bridge loan to nowhere..

On Sun, 14 Dec 2008 09:20:34 -0500, BAR wrote:


http://www.bls.gov/lpc/prodybar.htm


What does "productivity in the manufacturing sector was 26% between
2000-2007" mean. Do you mean there was a 26% in crease in productivity
in the manufacturing sector between 2000 and 2007?


Yes.

The individual worker cannot take credit for the robot's productivity.
The individual worker needs to be measured individually to determine
whether that individual worker has increased their productivity.


Tell that to the Bureau of Labor Statistics. Geez, you can go through
all sorts of gymnastics to avoid the issue. Productivity has increased
20% in the non-farm business sector, 26% in the manufacturing sector, and
wages have increased 1-3% depending on who you listen to. It's not a
difficult concept, wages have not kept up with productivity.

The rich get richer, the poor get poorer.


Outstanding performers are taken care of, those who just show up and do
enough to get a paycheck should work for someone else.


Horse****!
 
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