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To: SeekAndFind

Its called productivity.

You can’t raise overall incomes or standards of living in an economy without it.

Of course, in our present Central Banking era - increases in productivity are erased by money printing, government debt, and funding wealth-destroying social-engineering schemes. Even with all the productivity and technological increases of the last 40 years, average worker incomes have declined - stolen by government, inflation and crony-capitalists who have first dibs on printed money and government largess.


5 posted on 05/05/2015 9:48:27 AM PDT by PGR88
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To: PGR88

Re: “average worker incomes have declined - stolen by government, inflation and crony-capitalists...”

The supply of labor has also been artificially inflated by our insane legal immigration and work visa policies.

That is especially true for low skill labor and for Information Technology, where wages have declined or stagnated for at least two decades.


27 posted on 05/05/2015 1:21:23 PM PDT by zeestephen
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