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#14
posted to rec.boats
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On 8-Sep-2010, bpuharic wrote: Productivity and profit are the goals (your wages are YOUR profit) but they're undermined by the slime you've elected. No more handouts due to bankruptcy, no more core industries, no more jobs. Handouts WHICH CAME FROM YOU IN THE FIRST PLACE cannot make you whole, and are making you broke. productivity went up 30% between 1997 and 2007. the middle class saw none of this in increased wages while the rich got richer. Productivity has nothing to do (usually) with labor hours. Automation and imported materials (such as in the autos you buy) decrease costs; cost has nothing to do with price, productivity increases as prices remain the same or increase with the lower cost or labor consumption. Less resources are used during output, revenue is maintained and profits increase. Increased productivity has nothing to do with factory rats working harder. In fact, technology and imports made labor irrelevant. |
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