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To: Mike M2 who wrote (58994)	1/17/2001 8:41:24 PM
From: Moominoid	Read Replies (1) \| Respond to of 436258

David, from an economic perspective the only productivity gains that matter are gains that boost personal income or corporate profits. My real personal income is higher if I can buy more computing power for the same amount of dollars. Look at GTW first loss in the company's history yet the computers they sell perform better and cost less. The shareholders might be screwed - the consumers are the ones that benefit from this productivity gain. see this link for a more detailed look at this hoax mwhodges.home.att.net Mike I will take a look, but I do not believe there is any "hoax". I've tried to argue my case on this thread. David

To: Mike M2 who wrote (58994)	1/18/2001 1:42:02 AM
From: GraceZ	Read Replies (2) \| Respond to of 436258

Look at GTW first loss in the company's history yet the computers they sell perform better and cost less. Some goods and services in the economy are on a track approaching free, while other prices are rising disproportionately. This was my point in my original post which got lost in the productivity debate. While great for consumers, it's not great for corporate profits. The problem is that while the computer and technology sector has adjusted well to continually declining prices, there is a point where they can't anymore and their resulting margins suffer. At that point consolidation in the sector will need to occur to return pricing strength. Primarily because the companies are affected by those same expenses that are rising so rapidly for consumers......healthcare benefits costs for one, energy for another.