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Is a Productivity Boom Next?

By Heraclitusstudent following x   2018 Feb 22, 6:07pm 1,463 views   2 comments   watch   nsfw   quote     share    


Funny to see the NYT paying lip service to the fact that current money bomb policy may in fact unplug a lot of economic pipes.

https://www.nytimes.com/2018/02/21/upshot/the-economy-is-getting-hotter-is-a-productivity-boom-next.html?rref=collection%2Fsectioncollection%2Fbusiness-economy

I think it is totally reasonable to expect a productivity boom, avoiding inflation and prolonging this economic cycle.
Wages will certainly gain too from the exercise. This by itself will do a lot of economic healing.

1   HEYYOU   ignore (27)   2018 Feb 22, 7:23pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

We shall see.
I do need more stuff that I don't need & can't pay for.
2   anonymous   ignore (null)   2018 Feb 22, 7:24pm   ↑ like (0)   ↓ dislike (1)   quote   flag        

It just must be all Obama's fault!

Oh wait, from the article:

...."It suggests that the Trump administration’s ambitions for faster growth driven by rising productivity aren’t as outlandish as warier forecasters have argued."

Oops..

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