03-30-2013, 12:43 AM
Increased labor productivity means employers need fewer and fewer employees (i.e., all recoveries will be 'jobless')
With U.S. workers competing against workers in every other nation in the world I don't see anything changing...just a long slow slide down in their compensation to the world average.
Capital is so fluid I don't see any legislative solution - try and restrict its use here and it easily flows overseas.
With U.S. workers competing against workers in every other nation in the world I don't see anything changing...just a long slow slide down in their compensation to the world average.
Capital is so fluid I don't see any legislative solution - try and restrict its use here and it easily flows overseas.