bimetalaupt
Senior Member
Joined: Oct 9, 2011 20:29:23 GMT -5
Posts: 2,325
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Post by bimetalaupt on Jan 3, 2011 19:28:54 GMT -5
The best way to win internationally is save our way to productivity.. But we are the most productive producers in the world and our productivity is increasing the fastest.. Our saving rate could and will reach 10% in three years.. We are the winner because we are smart spenders.. buying producer with investing in productivity. We are the best at making cars.. It is just the Japan firms here that are doing it. Toyota and German firm BMW.. It is American workers.. 8-)Most here will not think I know what I am speaking of.. The chart.. [/img] Attachments:
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bimetalaupt
Senior Member
Joined: Oct 9, 2011 20:29:23 GMT -5
Posts: 2,325
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Post by bimetalaupt on Jan 3, 2011 20:13:56 GMT -5
TO ALL THE UAW WORKERS OR MEMBERS.. SAVE 10% A YEAR AND THE JOB YOU SAVE MAY BE YOUR OWN!!! SAVING MADE AMERICA GREAT.. FIRST THING A LOT OF IRISH AMERICAN DID WHEN THEY CAME FROM THE OLD COUNTRY WAS OPEN AN ACCOUNT AT EMERGENT BANK IN THE IRISH PART OF NEW YORK!!! THIS HAS BEEN A JOBLESS RECOVERY BUT OUR PRODUCTIVITY IS SECOND TO NO ONE...bI METAL
Japan had the steepest decline, 11.4%. For the first time since the BLS began keeping tabs, both output and hours worked in manufacturing declined in all 19 economies, a reflection of the unusually deep global recession. Manufacturing productivity declined in 12 of the 19 economies.
Without knowing much about the manufacturing sector of every developed country in the world, I suspect you could point to at least two reasons for this phenomenon.
First, manufacturing's decline in the US has been in labor, not production. In the 1950s, manufacturing accounted for one of every four jobs, whereas today it account for more like one in ten. At the same time, a technology revolution has allowed us to produce more and more stuff (we lead the world in manufacturing output) with a smaller and smaller share of the economy. Second, American business has, in the last few decades, relied on jobless productivity bursts to power ourselves out of recessions. That means employers try to cut labor to the bone and squeeze output from their slimmer payroll. Dramatic increases in productivity were rampant throughout the US economy in 2009 -- a good thing if you care about higher earnings, but a bad thing if you acknowledge that higher earnings were won on the back of a jobless recovery.
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