As mentioned earlier, there are very specific factors worth noting that make this modern era (read – post WWII) economic recovery somewhat different than prior scenarios. We discussed this extensively back on June 19. 2003, in a piece titled the “New Productivity Paradox.”
If you have not yet read this one pager, you can grab it here:
It goes a long way in explaining why this has been a jobless recovery . . .
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.