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The graphs you linked clearly show that the growth is declining. "Productivity growth is declining" doesn't mean "productivity is declining" The red line here
by acchow 9y ago
The graphs you linked clearly show that the growth is declining.
"Productivity growth is declining" doesn't mean "productivity is declining"
The red line here is going upwards and to the right, but its slope is decreasing:
https://imgur.com/a/M2T7C https://imgur.com/a/M2T7C
- elliotec 9y agoThe article title (not the HN title) is "Productivity in the US Continues to Decline" which one could interpret as "productivity is declining" because that's what it says. But you're right and they should've been more clear about it in the article. Thanks for the proper HN title.
- candiodari 9y agoPeople will generally be interested in "real productivity", which subtracts inflation. That will make that graph distinctly negative.