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The Formula For Economic Growth | Intellections

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We cannot expect to Increasing the number of hours without increasing workers wages Cost of living is too high and from pychological perspective laborers will experience burn out Let common sense prevail
Comment from : @kaiylahjackson6680

socialism and religion ruin our income
Comment from : @SmokeyMountain0

The productivity decline can be attributed to offshoring to low cost labor centers The amount of people over seas producing goods for slave level wages is in the 10s of millionsbrAs those jobs went over seas, mostly men were effected, as manufacturing tends to be a male dominated space So you see several million able bodied men not working, because industry left them, not because they left industrybrbrIf industry comes back and makes the investment and pays the wages, labor participation will come back But the trust is shattered In the 1940 - 1970s jobs for life were offered by many corporations, steel mills, auto plants, etc They ripped that contract up in the 1980s and 90s Trust needs to be re-established
Comment from : @john_doe_not_found

Good
Comment from : @spiriset8901

To grow your economy, you need human capital and physical capital, which is common knowledge, even before John B Taylor was born So why attribute this basic commonsense to him?
Comment from : @emmanuelameyaw9735

We can start by lowering welfare payments
Comment from : @josephpostma1787

Nicely explained
Comment from : @alparslankorkmaz2964

Our "historical level of growth" will speed us toward extinction
Comment from : @HeathWatts

We live on a finite planet Indefinite growth is impossible Indefinite increase in productivity is impossible
Comment from : @keithcooper2012

If people are more time in their jobs doesn't mean they produce more
Comment from : @CvnDqnrU

very fast growth economic: indonesia, india, china and vietnam
Comment from : @ramondf4u212

The reason why we are in a slowing economy is because it is becoming more and more socialist Hint: the federal budget gives 2/3rds of its money to WELFARE SYSTEMS
Comment from : @orppranator5230

excuses money is stagnant rich have all of the money One of the reasons why Rome fell
Comment from : @jasonruggles4622

Great, more Koch Bros funded Rothbardian nonsense that infests my YT ad playlistIf anybody is being led here and has an open mind, please Google non-partisan studies on the effect that derivatives trading, tax cuts for the extraordinarily wealthy, and financial deregulation had on the 2009 global recession Keep an open mind
Comment from : @NickWolfOakland

perhaps the economy slowed down because, oh i dont know know, anear economic depression please stop lying to people by telling them to get a job when only 1 out 20 people are unemployed and by telling themto work hard dispite the fact that we are already working our damn near hardest
Comment from : @knutkloster2003