[Wyatt's Torch]

Not really hard to understand... Businesses shed jobs in 08/09 and invested in modernizing/automating plants/jobs. As business has picked up over the last two years they aren't adding back the jobs as rapidly as they shed them. Therefore productivity in rapidly increasing (GDP/Non-Farm Payrolls):

[1010RD]

One of the real human tragedies is the marketing by the Left of the false notion that capital and labor are at odds. Labor cannot function without capital. Capital is the lifeblood of endeavor.

Can you imagine a carpenter without a hammer? Where would he work without money to pay for the work? Both the hammer and the money are capital. You cannot work without it.

How’s the velocity of money, lately?