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Is a Productivity Boom Next?


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2018 Feb 22, 6:07pm   2,241 views  1 comment

by Heraclitusstudent   ➕follow (8)   💰tip   ignore  

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.

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1   anonymous   2018 Feb 22, 7:24pm  

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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