Quote from Ricter:
No, it's not scary (except to you). Productivity is not down to "where we were 30+ years ago".
One can imagine a future where nearly all necessary work is performed by robots. The LFPR could be near zero in that scenario.Quote from Tsing Tao:
This is not about productivity, it is about the number of people working in the economy. Pure and simple. And that situation is scary to far, far more people than just me. You can bury your head in the sand all you like.
When we are talking about apples, Ricter likes to toss out an orange.Quote from Tsing Tao:
Especially for someone supposedly from the party that "cares for the common man". He does this a lot - gets into a "let them eat cake" mentality.


Quote from pspr:
When we are talking about apples, Ricter likes to toss out an orange.
I think he put me on ignore a few weeks ago. That was the last time he replied to one of my posts. I guess I must have upset him.![]()