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US economic growth slower than economists thought

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  • #46
    Originally posted by DanS
    More like, we add more labor than the French do each year, and thus have higher economic growth.
    Wouldn't labor growth not be the problem since France has a large supply of unemployed people from which to draw on?
    Try http://wordforge.net/index.php for discussion and debate.

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    • #47
      I think you are confused.

      He was saying that the output per worker hour in France is higher, but that the total pie in the US is bigger because we have more workers. In addition, our lead in workers is only growing over time. In any case his numbers were more in line with Germany's numbers than France's.
      “It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”

      ― C.S. Lewis, The Abolition of Man

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      • #48
        Originally posted by Imran Siddiqui
        Btw, we LEGALLY immigrate more of the accountants and systems analyists than we do fruit pickers. Illegal immigration takes care of the later, really.
        That's true, but don't you think that stagflation would have to present itself before there would be any political will for that.
        I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
        - Justice Brett Kavanaugh

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        • #49
          Originally posted by DanS


          I think he was serious.
          I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
          - Justice Brett Kavanaugh

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          • #50
            If that's the case, then I'm laughing at him rather than with him.
            I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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            • #51
              "Everything for the State, nothing against the State, nothing outside the State" - Benito Mussolini

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