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Cannonpointer
23 Jan 2026 12:18 pm
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98% Macho Man
98% Macho Man
46,201 posts
Fuelman » 23 Jan 2026, 9:36 am » wrote: An increase in productivity results in doing more with less employees. Wasn't that in Econ 101?  Image  I wouldn't know as I didn't take the class or go to college. 

It's the new normal.

U.S. labor productivity (nonfarm business sector) has shown a strong, recent surge, growing at an annualized rate of 4.9% in Q3 2025, with a 2.4% increase in the second quarter of 2025. For the current business cycle since late 2019, productivity has increased at a 1.8% annual rate, which is higher than the previous 2007–2019 cycle (1.5%).
Well, I DID take econ 101, and it told me that better productivity = more profits = more job creation by the wealthy. 

So the OP is correct to smirk and sneer at anyone dumb enough to believe that, since it is manifestly false. 

As false as my claim to have taken econ 101, but I lied for truthful reasons. 
 
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