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> When Plan A is money printing then the situation is dire. Bloomberg pointed out the fact that one key factor was businesses increasing worker's wages to attr
by nuerow 5y ago
> When Plan A is money printing then the situation is dire.
Bloomberg pointed out the fact that one key factor was businesses increasing worker's wages to attract and retain workers.
https://www.bloomberg.com/news/articles/2021-11-04/u-s-productivity-fell-by-most-since-1981-in-third-quarter https://www.bloomberg.com/news/articles/2021-11-04/u-s-produ...
Considering the ongoing discussion on the US's minimum wage and how it falls below the poverty line, is this drop in productivity actually bad or undesirable?