http://my.news.yahoo.com/us-productivity-falls-spring-labor-costs-rise-123745545.html
Both developments could pose threats to a fragile economic recovery. What Recovery, did anyone see a recovery here some where...Hey How about a Jobless recovery , where did they invent that is that more Keynesian inspiration ???
.
"They argue that the economy can tolerate a brief period of weaker productivity growth if it means that companies have reached the limit on the amount of work they can squeeze out of the existing work force and begin hiring back the millions of workers laid off during the recession. That would boost income growth and result in stronger consumer demand which they hope will drive the economy to a faster expansion."
The Spin from these Spin Drs. is breathtaking sometimes..
Both developments could pose threats to a fragile economic recovery. What Recovery, did anyone see a recovery here some where...Hey How about a Jobless recovery , where did they invent that is that more Keynesian inspiration ???
.
"They argue that the economy can tolerate a brief period of weaker productivity growth if it means that companies have reached the limit on the amount of work they can squeeze out of the existing work force and begin hiring back the millions of workers laid off during the recession. That would boost income growth and result in stronger consumer demand which they hope will drive the economy to a faster expansion."
The Spin from these Spin Drs. is breathtaking sometimes..
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