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Thursday, September 04, 2003

The Wecovery: Lay 'em off, make the survivors work harder 

The AP headline: "Productivity Soars as Businesses Produce More With Fewer Workers"...

The economy shows signs of gaining momentum.

Productivity - the amount an employee produces for each hour of work - soared at an annual rate of 6.8 percent in the April-to-June quarter, even stronger than the government's first estimate of a 5.7 percent growth rate.

Gosh, I sure wish I could pay my phone bill with "momentum." Unfortunately, it takes a paycheck to do that, and fewer and fewer people have them....

corrente SBL - New Location
~ Since April 2010 ~

corrente.blogspot.com
~ Since 2003 ~

The Washington Chestnut
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