3 ms·
> (Real, meaning subtracting inflation) productivity improvements stopped in 1980, and have been going downhill ever so slightly since. What are you basing thi
by koonsolo 8y ago
> (Real, meaning subtracting inflation) productivity improvements stopped in 1980, and have been going downhill ever so slightly since.
What are you basing this on? There are currently more cars than ever, more people traveling than ever, more women joined the workforce, huge improvements on communication levels (non-internet, non-mobile communication to mobile phones with 4G).
No improvements since 1980, seriously? I grew up in the 80's and 90's. If I see what we have and what we can do today (such as cheap travel), seriously? I would love to see the face of any person living today and traveling back 30 years to 'improve their lifestyle'... hahaha.
And the 'frankly, it is very, very bad for everywhere except the US where it is merely dismal' gives me a clear indication that you never left your home country, which is pretty clear which one that is.
So yeah, what data are you basing this on?
- candiodari 8y agoYou know, I am describing specific metrics, not the general situation. For example, demographics in the US are dismal. Not the US in general. Demographics in the EU are a disaster, in China they are worse, in Japan they are nothing short of a catastrophe.
- icebraining 8y agoDemographics is productivity?
- compcoffee 8y ago>So yeah, what data are you basing this on? Judging by the "productivity is lower now than 5 years ago", this person is not looking at data. Often the first people to decry Economics as "not a science" take the least scientific approach.