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No, that's not true. Productivity has increased over the past quarter century, and has only flatlined in the last decade. And this is largely due to deliberate policy choices, not because there is any technical reason that it had to.

Past performance is no guarantee of future performance, but so far the productivity loss has been purely self-inflicted, unless you consider the absence of competent policymakers a natural resource shortage.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Jul 21st, 2011 at 10:54:12 PM EST
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