Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

dixiegrrrrl

(60,152 posts)
7. Important to notice that definition of productivity was changed
Tue Mar 25, 2014, 08:19 AM
Mar 2014

sometime back.
Fast food places became "manufacturing" places, every hamburger was defined as something "manufactured"
and this increased the GDP statistics.
Seriously.

So we would know what is defined as "productivity" to get a grasp of the true meaning of the chart.

There is, of course, no disagreement that we are working much more for much much less.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»The Most Important Econom...»Reply #7