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Post# of 704049
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TJ Parker

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TJ Parker

Re: federal reserves post# 162934

Tuesday, 10/21/2003 1:23:56 AM

Tuesday, October 21, 2003 1:23:56 AM

Post# of 704049
According to the FED productivity has risen 6%. Why are wages falling?

isn't this just axiomatic? rising productivity means fewer workers are needed for the same work, meaning workers get cheaper. and that's not even counting competition outside the u.s.

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