Re:Dow plunges 1000 points
by vkou on Monday February 05, 2018 @10:55PM
(#16314335)
1. Many of those productivity gains happen via outsourcing work to countries where wages are much lower.
2. Many consumer goods have become cheaper as a result. The biggest ones, though (Rent, education, healthcare) have not. Incidentally, none of them can benefit from 'productivity gains.' Well, healthcare can, but...
2. Many consumer goods have become cheaper as a result. The biggest ones, though (Rent, education, healthcare) have not. Incidentally, none of them can benefit from 'productivity gains.' Well, healthcare can, but...