Productivity Slips for Third Straight Quarter

[Anonymous]

While the Obama admin loves to tour the unemployment figures - which are heavily skewed because they don't count people who stopped looking for work - productivity slips yet again
http://www.marketwatch.com/story/productivity-declines-for-third-straight-quarter-2016-08-09

Just more of the same:
http://www.bloomberg.com/news/articles/2016-08-09/the-u-s-economy-is-suffering-from-the-same-old-problem

Growth first quarter is only .5%
http://www.bloomberg.com/news/articles/2016-04-28/u-s-economy-grew-in-first-quarter-at-slowest-pace-in-two-years

Or maybe a little over 1%

http://www.cnbc.com/2016/06/28/final-reading-on-q1-2016-gdp.html

Still pretty anemic if you ask me.

[Anonymous]

People betting HRC will win because then everything will be free and we won't need to be productive!

[Anonymous]

Wow, digging pretty deep for bad economic news, huh? I suppose you missed the job numbers and the fact that labor participation rate has stabilized despite the continued retiring boomers.

We had massive gains in productivity during the recession and its aftermath because people looked for alternatives to hiring. Now companies are hiring more and investing less in labor saving. This will happen until wage growth pressures them to do otherwise.

[Anonymous]

Duh -- high productivity means fewer people doing more work. It's actually a bad sign, OP.

[Anonymous]

Anonymous wrote:Wow, digging pretty deep for bad economic news, huh? I suppose you missed the job numbers and the fact that labor participation rate has stabilized despite the continued retiring boomers.

We had massive gains in productivity during the recession and its aftermath because people looked for alternatives to hiring. Now companies are hiring more and investing less in labor saving. This will happen until wage growth pressures them to do otherwise.

Umm...no we haven't. You should read the articles before you comment to prevent yourself from sounding like a fool.

[Anonymous]

Anonymous wrote:People betting HRC will win because then everything will be free and we won't need to be productive!

The top do its to her campaign will benefit from TPP though. Her Wall Street donors and backers stand to profit largely. You and I? Not so much

[Anonymous]

It's hard to be productive when you need 3 part time jobs just to scrape by in Obama's economy.

Just keep repeating the Obama-bot mantra: "full recovery" and everything will be fine (in your parents basement.

"hope and change"

[Anonymous]

Under a Hillary Clinton presidency, we will have more of the same Obama policies. Not a good thing for a true recovery.
And, our debt will continue to grow. Twenty TRILLION dollars is ridiculous. Pretty soon, our biggest expenditure will be interest on this debt. It is unsustainable and totally unfair to future generations.

I think Trump’s plan is worth a try. May not be perfect, but we know what we are getting with Hillary and it’s not good.
I’m ready for a change.

[Anonymous]

Anonymous wrote:While the Obama admin loves to tour the unemployment figures - which are heavily skewed because they don't count people who stopped looking for work - productivity slips yet again
http://www.marketwatch.com/story/productivity-declines-for-third-straight-quarter-2016-08-09

Just more of the same:
http://www.bloomberg.com/news/articles/2016-08-09/the-u-s-economy-is-suffering-from-the-same-old-problem

Growth first quarter is only .5%
http://www.bloomberg.com/news/articles/2016-04-28/u-s-economy-grew-in-first-quarter-at-slowest-pace-in-two-years

Or maybe a little over 1%

http://www.cnbc.com/2016/06/28/final-reading-on-q1-2016-gdp.html

Still pretty anemic if you ask me.

Still far better off than we were 8 years ago!

[Anonymous]

Anonymous wrote:It's hard to be productive when you need 3 part time jobs just to scrape by in Obama's economy.

Just keep repeating the Obama-bot mantra: "full recovery" and everything will be fine (in your parents basement.

"hope and change"

So what's your solution? Cutting taxes and regulation?

[Anonymous]

Anonymous wrote:Under a Hillary Clinton presidency, we will have more of the same Obama policies. Not a good thing for a true recovery.
And, our debt will continue to grow. Twenty TRILLION dollars is ridiculous. Pretty soon, our biggest expenditure will be interest on this debt. It is unsustainable and totally unfair to future generations.

I think Trump’s plan is worth a try. May not be perfect, but we know what we are getting with Hillary and it’s not good.
I’m ready for a change.

What's Trump proposing other than tax cuts and "cutting regulation" (i.e. the same old same old that was done in 2000-08, when the only job growth was in state/local governments?)

[Anonymous]

Anonymous wrote:Under a Hillary Clinton presidency, we will have more of the same Obama policies. Not a good thing for a true recovery.
And, our debt will continue to grow. Twenty TRILLION dollars is ridiculous. Pretty soon, our biggest expenditure will be interest on this debt. It is unsustainable and totally unfair to future generations.

I think Trump’s plan is worth a try. May not be perfect, but we know what we are getting with Hillary and it’s not good.
I’m ready for a change.

I have the same feelings about "productivity" that this person has about debt.

How much more productive can we get? People in "big" jobs already work 60 hour weeks. The "little" people work three jobs to survive. What in the world does productivity mean anymore?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Under a Hillary Clinton presidency, we will have more of the same Obama policies. Not a good thing for a true recovery.
And, our debt will continue to grow. Twenty TRILLION dollars is ridiculous. Pretty soon, our biggest expenditure will be interest on this debt. It is unsustainable and totally unfair to future generations.

I think Trump’s plan is worth a try. May not be perfect, but we know what we are getting with Hillary and it’s not good.
I’m ready for a change.

What's Trump proposing other than tax cuts and "cutting regulation" (i.e. the same old same old that was done in 2000-08, when the only job growth was in state/local governments?)

I think you underestimate the power of really reining in regulations. They have become great burdens to small businesses, who don’t have the personnel to ensure they are meeting the various and sundry laws required.
I like his proposal to revise the tax structure in this country. Now, THAT is something sorely needed.
I also like the idea that he wants to repeal and replace the ACA. It’s a job killer.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Under a Hillary Clinton presidency, we will have more of the same Obama policies. Not a good thing for a true recovery.
And, our debt will continue to grow. Twenty TRILLION dollars is ridiculous. Pretty soon, our biggest expenditure will be interest on this debt. It is unsustainable and totally unfair to future generations.

I think Trump’s plan is worth a try. May not be perfect, but we know what we are getting with Hillary and it’s not good.
I’m ready for a change.

I have the same feelings about "productivity" that this person has about debt.

How much more productive can we get? People in "big" jobs already work 60 hour weeks. The "little" people work three jobs to survive. What in the world does productivity mean anymore?

Work smarter, not harder.
One of the things with regulations - small business owners spend an inordinate amount of time ensuring that they are complying with all the dumb regulations put in place. Lift a lot of those, they can certainly be more productive, leading to more profit, leading to more jobs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:While the Obama admin loves to tour the unemployment figures - which are heavily skewed because they don't count people who stopped looking for work - productivity slips yet again
http://www.marketwatch.com/story/productivity-declines-for-third-straight-quarter-2016-08-09

Just more of the same:
http://www.bloomberg.com/news/articles/2016-08-09/the-u-s-economy-is-suffering-from-the-same-old-problem

Growth first quarter is only .5%
http://www.bloomberg.com/news/articles/2016-04-28/u-s-economy-grew-in-first-quarter-at-slowest-pace-in-two-years

Or maybe a little over 1%

http://www.cnbc.com/2016/06/28/final-reading-on-q1-2016-gdp.html

Still pretty anemic if you ask me.

Still far better off than we were 8 years ago!

It's Bush's fault..got it

And eight years of Obama has brought nothing better really in terms of economic prosperity. Median household income has decreased and wealth and wage gaps have increase since he's been in office...Hope and Change didn't do so well