[lbo-talk] U.S. Reports Accelerating Job Growth

Michael Dawson MDawson at pdx.edu
Mon Mar 7 09:30:17 PST 2005



> BTW, do you have a take on the upward revisions to last quarter's
> productivity -- or on the last 4 years of productivity growth in general?
> It's averaged consistently higher during the last four saggy-ass years
> than
> it did even during the wonder years of the 90s, no? Does that have any
> bearing on the great productivity debate?
>
> Michael

How could it? The "debate" is only a debate on our side. For capitalists, productivity is always too low, even when it's way too high. The only mystery is why supply-side radicals continue to exist.



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