Re: MEDIA: Globalism, end of Socialism causes of jobless recovery

From: Dehede011@aol.com
Date: Sat Aug 31 2002 - 14:44:18 MDT


In a message dated 8/31/2002 2:06:13 PM Central Standard Time,
max@maxmore.com writes: I find this extremely hard to believe. Productivity
growth has increased over the last decade. Even after multiple revisions,
this trend holds. How do you square that with the above claim?

Max,
       How are you measuring productivity? If in $ Output per Labor Hour I
would expect that number to increase even as productivity decreased
dramatically. The same might also hold for $ output per $ Labor.
Ron h.



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