SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Crystal ball who wrote (28852)9/15/1999 5:43:00 PM
From: MeDroogies  Read Replies (2) | Respond to of 50167
 
Productivity isn't something you can intrinsically control. It's a factor of many things: motivation, capital, hours worked.



To: Crystal ball who wrote (28852)9/15/1999 8:36:00 PM
From: Lee  Read Replies (1) | Respond to of 50167
 
CB,..Re:.you miss the basic point

Didn't miss the point at all, only pointing out physical limitations to running flat out, full throttle fully loaded. Like MeDroogies analogy of an engine, it'll last lots longer if not burned out from overspeed or overload.

Also, in your earlier post, you mentioned 7% rates last year which we haven't seen since early '97. So even if facts aren't particularly important to you, they're necessary.

bigcharts.com

Re:.our production and wealth will by the shear force of economics be siphoned off to higher population lower labor rate countries like asia..

This has already happened to some extent, sans wealth, as far as production for basic products is concerned. It has allowed us to focus more on the higher margin, higher profit service and technology industries which by the way, account for a goodly portion of our exports.

Lee