Productivity is up 5.7% in Q2, meaning...

Buff · 08-07-2003

A couple of thoughts from a regular guy who is mere porn talent:

1) A real increase in productivity is always a good thing, as it frees up more capital for further expansion of business or creation of new businesses, which results in increased employment.

2) There is no way to measure a thing like productivity, much less aggregate the ridiculous measurements and put out a statistic called "Productivity". You can measure your net cash flows, count your employees, and compare your purchasing power now to your purchasing power in the past, but the government has neither the means nor the understanding to make any kind of estimation about such things as "productivity".

08-07-2003	#9
Buff Members Join Date: Nov 2002 Posts: 1,561	A couple of thoughts from a regular guy who is mere porn talent: 1) A real increase in productivity is always a good thing, as it frees up more capital for further expansion of business or creation of new businesses, which results in increased employment. 2) There is no way to measure a thing like productivity, much less aggregate the ridiculous measurements and put out a statistic called "Productivity". You can measure your net cash flows, count your employees, and compare your purchasing power now to your purchasing power in the past, but the government has neither the means nor the understanding to make any kind of estimation about such things as "productivity". __________________