Sunday, April 20, 2014

The Atlantic Magazine: "Squeezed Dry: Why Americans work so hard but feel so poor"

Derek Thompson writes in the Atlantic Magazine on-line about labor productivity in a story titled  "Squeezed Dry: Why Americans work so hard but feel so poor"

Labor productivity in the United States has greatly increased yet for the average american only the price of consumer goods has dropped.  And all of the productivity increases has gone to corporate profits. Also productivity has not increased in key sectors: government, education, housing and healthcare that directly affect middle class prosperity: .


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