Greenspans Productivity Miracle

Uninformed banter: The bailouts will solve the problem.

The Nattering One muses... as we have stated before on many occasions...

The worst is yet to come as the emasculated outsourced service based economy really starts to roll over.

Oh come on now Nattering One, its not that bad, do you have any data to back that?


Let's see... 9 months of negative job creation; advertised unemployment spiking from 4.7 to 6.1%; U6 unemployment over 10%; and long term unemployment over 3.5 million...

Heres the kicker... last week, hours worked fell to their lowest level since the government began tracking the number, in 1964.

Is'nt that the productivity miracle Greenspan carped about at work? Sure thing.

Comments