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Originally posted by SauberBMW
After reading this thread here's my opinion..
I hope Russia and the US kick the f*** out of each other. i hope that a nuclear bomb lands on the steps of Washington and Moscow. When will anybody realize that war is good for nothing. it costs lives, billions of dollars and for what
Ohh, we have the better military!!
BS!!!!!!!
instead of spending billions on military, why not on medicine. A cure for cancer, Aids, HIV etc etc
or how bout farming techniques where we can grow food in 3rd world countries so no one starves
did anybody think about that while you Stupid patriotic Americans and Russians talk about who has the better weapons .
No because you guys don't care. F*** Bush and F*** Putin and F*** every weapon ever developed
Originally posted by Major Discrepancy
The Major would like to ask Admiral Eduard Baltin the last time the Russian/Soviet Navy was able to successfully engage a foreign power in a naval battle?
What?s more, the report also shows that the productivity gap between the US and most other developed economies continued to widen. The acceleration of productivity growth in the US has outpaced that of many other developed economies: With US$ 63,885 of value added per person employed in 2006, the United States was followed at a considerable distance by Ireland (US$ 55,986), Luxembourg (US$ 55,641), Belgium (US$ 55,235) and France (US$ 54,609).
However, Americans work more hours per year than workers in most other developed economies. This is why, measured as value added per hour worked, Norway has the highest labour productivity level (US$ 37.99), followed by the United States (US$ 35.63) and France (US$ 35.08).
Originally posted by poet1b
What your link to productivity fails to admit is that Norways productivity comes from huge petroleum reserves found along their Arctic Coast.
Only a few counties in Belguim and France out produce the avager productivity of the entire U.S. population.
Productivity can be measured, and it is measured regularly, and the U.S. out produces all other nations in hourly output, except Norway for the reason mentioned above.
www.nytimes.com...
www.finfacts.ie...
What?s more, the report also shows that the productivity gap between the US and most other developed economies continued to widen. The acceleration of productivity growth in the US has outpaced that of many other developed economies: With US$ 63,885 of value added per person employed in 2006, the United States was followed at a considerable distance by Ireland (US$ 55,986), Luxembourg (US$ 55,641), Belgium (US$ 55,235) and France (US$ 54,609).
However, Americans work more hours per year than workers in most other developed economies. This is why, measured as value added per hour worked, Norway has the highest labour productivity level (US$ 37.99), followed by the United States (US$ 35.63) and France (US$ 35.08).
Here is a decent discussion of the subject.
www.marginalrevolution.com...
Since 1975, practically all the gains in household income have gone to the top 20% of households.
cia.gov...
Jobs data don't count the down-and-out
Williams starts by discussing the headline economic data: "Real unemployment right now -- figured the way that the average person thinks of unemployment, meaning figured the way it was estimated back during the Great Depression -- is running about 12%. Real CPI right now is running at about 8%. And the real GDP probably is in contraction." (By "real," he means calculating the data the way they used to be calculated, not as inflation-adjusted.)
He then explains how the employment data are compiled, noting that 5 million chronically unemployed people are not included in the statistics. In fact, there are seven or eight different employment statistics. One called U-3 is the official one. The broadest one, U-6, currently shows unemployment as running around 8.4%. As he explains, the one that's the most historically consistent is running around 12%.
moneycentral.msn.com...
Well, out of time.
I'll dig some data up on U.S. steel workers. You can find this information easily enough yourself if you were interested, and if you like history, you would enjoy what you found.
This is why, measured as value added per hour worked, Norway has the highest labour productivity level (US$ 37.99), followed by the United States (US$ 35.63) and France (US$ 35.08).
This is why, measured as value added per hour worked, Norway has the highest labour productivity level (US$ 37.99), followed by the United States (US$ 35.63) and France (US$ 35.08).
Increase in productivity is mainly the result of firms better combining capital, labour and technology. A lack of investment in people (training and skills) as well as equipment and technology can lead to an underutilization of the labour potential in the world.