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If fishes rode bicycles... but they don't.

Nonsense. Should I post the graphs again? The graphs clearly demonstrate increased production without a corresponding increase in employment. This is the "jobless recovery" that many columnists lament. Some graphs again:

http://research.stlouisfed.org/fred2/series/PAYEMS

http://research.stlouisfed.org/fred2/series/INDPRO

http://research.stlouisfed.org/fred2/series/GDPC1

http://research.stlouisfed.org/fred2/series/MANEMP

http://research.stlouisfed.org/fred2/series/IPMAN

And recessions are generally times of low change, since it doesn't make sense to invest in labor-saving technology when labor is cheap.

Labor is more expensive than ever before. Another graph for you to ignore:

http://research.stlouisfed.org/fred2/series/ECIWAG

According to Keynesians (e.g. Krugman), recessions are caused by labor not becoming cheap in response to exogenous shocks (due to sticky nominal wages). Do you disagree with this theory?



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