economic productivity should be a focus for politicians & the media, yet most dont know what it is!

[basquebromance]

Americans are hard and skilled workers, but the Chinese are just as tenacious.

but Americans are the most productive workers in the world. i mean America rocks!

Why the poor stay poor. Or how nothing keeps the playing field level

"The productivity of American workers has increased 70% since 1979, but their average hourly pay has gone up less than 12%." Excellent reporting on the systems that keep people in poverty.

 

[depotoo]

You do realize automation is included within economic productivity, correct?

 

[basquebromance]

there's only one way to increase someone's income, and that is to increase national productivity

 

[basquebromance]

You do realize automation is included within economic productivity, correct?

and?

 

[basquebromance]

in the 80s, it took 10 hours to produce a ton of steel. today, it takes one hour!

 

[whitehall]

Unfortunately it boils down to the modern upside down democrat/media philosophy that hopes for bad things to happen during republican administrations and damn the Country.

 

[Dekster]

Americans are hard and skilled workers, but the Chinese are just as tenacious.

but Americans are the most productive workers in the world. i mean America rocks!

Why the poor stay poor. Or how nothing keeps the playing field level

"The productivity of American workers has increased 70% since 1979, but their average hourly pay has gone up less than 12%." Excellent reporting on the systems that keep people in poverty.

Yet the democrats are full bent on driving up energy costs which by your very article, is one of the factors that keep the poor poor.

Anyway, when Apple invents a time machine, democrats can go back to the 70's and make lots of money. Until then, the free public education that creates crackheads also creates doctors and lawyers. What people do or don't do with the same opportunities available to most people is up to them. There is no reason to punish those who did better to appease those who did not.

 

[basquebromance]

good ideas alone dont lead to innovation.

you need the CONDITIONS for it to use that idea.

Columbus' good idea was to travel the globe, but the CONDITIONS in Italy werent viable.

 

[basquebromance]

In "protectionist" Japan because of laws protecting small business from large stores you get much more of a "capitalist" feel walking city; many small businesses catering to variety of tastes. By contrast American cities by now have a centralized/depot/Soviet feel...

The so-called Large Scale Retail Store Law in Japan was abolished in June 2000. There are lots of large retail operations in Japan. Most of them are domestic, of course. Urban stores tend to be small but there are huge chain stores in the suburbs/more rural areas.

 

[depotoo]

in the 80s, it took 10 hours to produce a ton of steel. today, it takes one hour!

Are you telling us the worker sped themselves up by 9 hours or was that accomplished by automating the process? If they were originally capable, then they were real slackers...

 

[initforme]

This new generation of workers is probably the hardest working generation this nation has ever seen. That's the reason the economy is so good. Worker productivity is so high. No workers in the world compare with how hard these young people work.