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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: UnBelievable who wrote (254554)8/7/2003 10:40:12 AM
From: Jeff Jordan   of 436258
 
If producing more with less labor is productivity that can't go on long w/o running out of a workforce. Machines rule<g> If productivity goes up with same labor supply that's real productivity gains. If productivity goes up and labor force goes up that's growth!

if productivity is improving there is naturally more product...more products equal cheaper products (to much supply leads to deflation) We simply produce too much goods....and charge it to the credit limit.

One in economics should think about how they run economics and business in the family circle. You can't play with the numbers then rely on them for veracity.

If you sell goods and services below cost for market share that can't last longer than your assets and credit. Bad profit motives and business. IMO
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