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First recorded activity by BoatBanter: Oct 2008
Posts: 1,227
Default Bridge loan to nowhere..

wrote:
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.


If the entire line is replaces all of the workers with robots is there a
100% productivity increase? In this day and age the productivity
increases are due to improvements in process and technology.

The rich get richer, the poor get poorer.


You can't be classified as poor when you have a cellphone, cable TV and
two cars in the driveway.

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


Horse****!


Why. If a guy comes to work on your house which one do you want doing
the work? The outstanding performer or the guy who just kind of barely
gets it done, if it needs five nails he may only put in four but thats
ok it should hold just fine.
 
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