zlacker

>>vermon+(OP)
This is something that I've always found odd about how the actual value in the economy is tracked. Specifically, how the stock markets continue to rise despite the decline in productivity. If I was told as a shareholder or private owner of a company, that an hour of labor and inputs are making me mess than I was making 20 years ago I would be upset but that doesn't seem to be reflected in the volumes and prices of the stock markets themselves. Why is this case? Is there something I'm missing?

All in all, I hope someone or some firms figure out how to break through the hurdle to automation in industries where it would matter like healthcare. It would be the first step to correct the economy in my opinion.

>>norea-+n8
To make this clear: Productivity is not declining. The growth of productivity is slower than it was in the past, but it's still growing. The first graph here is annualized growth rates, and you'll note they're all positive: http://www.bls.gov/lpc/prodybar.htm