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Changes in GDP are caused either by debt or by productivity increases. Productivity growth since 1973 has _not_ been stagnant.
by hoschicz 8y ago
Changes in GDP are caused either by debt or by productivity increases. Productivity growth since 1973 has _not_ been stagnant.
- lkrubner 8y agoLabor productivity since 1973 has been much lower than in the decades before 1973: https://qz.com/633080/the-rise-and-fall-of-american-productivity-growth/ https://qz.com/633080/the-rise-and-fall-of-american-producti...