Do those spouting on about productivity gains adversely affecting job growth actually have some data to back up their conclusions? I don't doubt that we've had productivity gains in the last 2 years, I also know that we've had them in every single economic recovery since the New Deal - but somehow those recoveries also had a corresponding increase in job growth. It isn't an either/or proposition - except perhaps today in this recovery, which isn't really a recovery for labor, the correct definition would be a recovery of capital.
__________________
"In Iraq, no doubt about it, it's tough. It's hard work. It's incredibly hard. It's - and it's hard work. I understand how hard it is. I get the casualty reports every day. I see on the TV screens how hard it is. But it's necessary work. We're making progress. It is hard work."
|