The Wage-Productivity Gap

wolf · 03-08-2006, 10:08 PM

I'm pretty sure that the real experience in the United States is that as wages increase, productivity decreases.

unlawflcombatnt · 03-08-2006, 10:30 PM

Quote:

Originally Posted by wolf

I'm pretty sure that the real experience in the United States is that as wages increase, productivity decreases.

No, that's not the case. That's what's shown by the lower graph. And this information can also be verified by BLS statistics comparing both real wages and productivity (though I have the links too verify this information, I'm not allowed to post them as per the rules of this board.)

If you're interested in verifying these numbers, go to the Bureau of Labor Statistics site and look up "real wages" using series CES0500000049, and look up "productivity" using series PRS85006092. From these you can see real wages have increased almost none since Bush took office, while productivity has increased dramatically.

03-08-2006, 10:08 PM	#1
wolf lobber of scimitars Join Date: Jul 2001 Location: Phila Burbs Posts: 20,774	I'm pretty sure that the real experience in the United States is that as wages increase, productivity decreases. __________________ wolf eht htiw og "Conspiracies are the norm, not the exception." --G. Edward Griffin The Creature from Jekyll Island High Priestess of the Church of the Whale Penis

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