The price of gas

"G.R. Patterson III" wrote in message
...
Productivity is measured by the factors that measure productivity.
Basically, you divide Gross National Product by hours worked, adjust
for inflation, etc etc.

That used to be the method back when the U.S. was primarily blue collar
and work
hours were a good measurement. In the "professional" area, productivity is
measured
by dividing GNP by people employed. In the telecom field, "productivity"
went up a
great deal just by firing a bunch of people and changing over to a 70 to
90 hour work
week for the rest.

That's become the measure that most of the economy is using.

Actual productivity per employee-hour went down.

Most businesses still have not figured out that cheaper workers (foreign,
recent immigrants, etc.) are cheaper for a reason.

How about we find some cheaper executives? :~)

"Tom Sixkiller" wrote in message
...

Most businesses still have not figured out that cheaper workers (foreign,
recent immigrants, etc.) are cheaper for a reason.

How about we find some cheaper executives? :~)



That reminds me of a Wasserman cartoon where some economists discover some
REALLY bad news - that economists could be outsourced.

Heck, they send the factories and labor needs overseas, why not just go all
the way and send the entire company there? There becomes a point where it
is questionable how much a "US company" is really a US company at all.