That just means we are getting less for more, which means the productivity gains are going somewhere…and I don’t think it’s just that we are making more different kinds of stuff, and that people are buying more.
I think it’s a combination of wage stagnation, price gouging, and tax dollar missallocation, leading to someone wasting precuous resources out of tax money, to build a data center.
That just means we are getting less for more, which means the productivity gains are going somewhere…and I don’t think it’s just that we are making more different kinds of stuff, and that people are buying more.
I think it’s a combination of wage stagnation, price gouging, and tax dollar missallocation, leading to someone wasting precuous resources out of tax money, to build a data center.
I mean if you look at inflation vs productivity gains, those gains are completely erased several fold in the US and have been since the 70’s.
Erm, the US has 4 hour work days? I am not in the loop here.