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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (30463)5/2/2000 11:30:00 AM
From: Tradegod  Read Replies (1) | Respond to of 42523
 
Don't think Grant articulated the problem simply enough. Probably went right over the heads of a lot of listeners.

I would have used an illustration of a worker in a Dell Factory taking 30 hours to produce a 386 PC 4 years ago. If the worker now takes 30 hours to produce a Pentium, the Hedonic Index the govt is using credits that with a 500% productivity increase. It's like assigning more productivity to an autoworker if they put a bigger engine in a car.



To: patron_anejo_por_favor who wrote (30463)5/2/2000 11:35:00 AM
From: Dalin  Respond to of 42523
 
Sounds like he read the same article. I have some questions about his analysis also.

Why does he think hours worked were measured any differently then previous reports?

Also the so called mass productivity because of Y2K, wasn't that big in my opinion.

Anyways, this weeks # will tell us more.

:0)

D.


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