Productivity Is Going to Save the Day

Productivity growth has actually been on an up trend. Labor shortages, technological innovations that allow companies to augment the mental and physical productivity of their labors are all out there. I think productivity is going to continue to make it come back. And if it does, that allows real wages to go up. It's graped for profit margins. Ed says that with inflation contained, bond yields could rise a bit, but not much,. That will help keep stock value ations elevated. Jackson cantrell: What do you make of this baby deficit business? If we keep having fewer and fewer babies, eventually that debt’s just going to fall on one baby, right? Then the babe