Quote:
Originally Posted by onetime2
Productivity gains were at staggering levels BEFORE unemployment grew (that's why I pointed out that it's been going on for the better part of a decade).
By your logic productivity should have been very low when the economy was at it's absolute fullest employment yet that's not what we saw.
The incredible gains in productivity over the last decade equates to fewer people needed to produce the same level of goods, hence lower employment.
But I know there's no use in trying to convince you otherwise so I'll stop now. It's much easier to believe it's the big bad corporation "squeezing every last drop from employees".
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Whatever captain, you're not convincing me because your not making a very persuasive argument, big bad corporation or not(your phrase, not mine). Let me paraphrase you: Productivity is always primarily caused by technology. Laying people off never has anything to do with increased productivity. That's what you seem to be implying. You delude yourself by pretending that i am the only one here with a closed mind.