At 5:57 PM -0800 2/16/97, Michael Perelman wrote:

>Wow!  All you need to to do increase productivity is to contract out.  You
>can have the same sales for fewer employees.  People pay for this sort of
>advise!
> >
>> Proof of rising U.S. productivity -- Want more evidence that U.S.
>> productivity gains are badly understated?  Than look at the growth of
>> real sales per employee for companies in the Standard & Poor's
>> 500-stock index, advises economist Edward Yardeni of Deutsche Morgan
>> Grenfell Inc.

People like Yardeni are paid $2 mill a year to come up with stuff like
this. Anything to keep the bonds & stocks moving off the shelves!

Doug

--

Doug Henwood
Left Business Observer
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