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	<title>Comments on: productivity up 9.5%</title>
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	<link>http://moslereconomics.com/2009/11/05/productivity-up-95/</link>
	<description>St Croix, United States Virgin Islands</description>
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		<title>By: Mike S</title>
		<link>http://moslereconomics.com/2009/11/05/productivity-up-95/comment-page-1/#comment-13049</link>
		<dc:creator>Mike S</dc:creator>
		<pubDate>Fri, 06 Nov 2009 17:13:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.moslereconomics.com/?p=9336#comment-13049</guid>
		<description>I disagree on Obama being any worse than Bush or anyone else.  This redistribution is just the result of conventional economic thinking.  

They can&#039;t help it.  Obama&#039;s team is convinced that their models are best.  Obama is listening to his smart people - like he should - on this and most issues.  Its just that his smart people are so incredibly wrong on this issue.</description>
		<content:encoded><![CDATA[<p>I disagree on Obama being any worse than Bush or anyone else.  This redistribution is just the result of conventional economic thinking.  </p>
<p>They can&#8217;t help it.  Obama&#8217;s team is convinced that their models are best.  Obama is listening to his smart people &#8211; like he should &#8211; on this and most issues.  Its just that his smart people are so incredibly wrong on this issue.</p>
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		<title>By: warren mosler</title>
		<link>http://moslereconomics.com/2009/11/05/productivity-up-95/comment-page-1/#comment-13021</link>
		<dc:creator>warren mosler</dc:creator>
		<pubDate>Thu, 05 Nov 2009 21:19:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.moslereconomics.com/?p=9336#comment-13021</guid>
		<description>that too...</description>
		<content:encoded><![CDATA[<p>that too&#8230;</p>
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	<item>
		<title>By: warren mosler</title>
		<link>http://moslereconomics.com/2009/11/05/productivity-up-95/comment-page-1/#comment-13020</link>
		<dc:creator>warren mosler</dc:creator>
		<pubDate>Thu, 05 Nov 2009 21:19:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.moslereconomics.com/?p=9336#comment-13020</guid>
		<description>yes, but a lot more demand is lost than gained.
the wealth effect isn&#039;t all that large from the research i&#039;ve read.

as i said, that&#039;s a good thing- allows for lower taxes.</description>
		<content:encoded><![CDATA[<p>yes, but a lot more demand is lost than gained.<br />
the wealth effect isn&#8217;t all that large from the research i&#8217;ve read.</p>
<p>as i said, that&#8217;s a good thing- allows for lower taxes.</p>
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		<title>By: Jim Baird</title>
		<link>http://moslereconomics.com/2009/11/05/productivity-up-95/comment-page-1/#comment-13019</link>
		<dc:creator>Jim Baird</dc:creator>
		<pubDate>Thu, 05 Nov 2009 19:25:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.moslereconomics.com/?p=9336#comment-13019</guid>
		<description>Mike,

Yup, all part of the &quot;progressive&quot; Obamite&#039;s plan to redistribute wealth upwards...</description>
		<content:encoded><![CDATA[<p>Mike,</p>
<p>Yup, all part of the &#8220;progressive&#8221; Obamite&#8217;s plan to redistribute wealth upwards&#8230;</p>
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	<item>
		<title>By: mike norman</title>
		<link>http://moslereconomics.com/2009/11/05/productivity-up-95/comment-page-1/#comment-13017</link>
		<dc:creator>mike norman</dc:creator>
		<pubDate>Thu, 05 Nov 2009 18:01:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.moslereconomics.com/?p=9336#comment-13017</guid>
		<description>Yes, but rising profits boost household net worth in the aggregate (via rising stock prices), which contributes to the &quot;wealth effect&quot; and thta tends to influence on consumption (at least for the wealthy).</description>
		<content:encoded><![CDATA[<p>Yes, but rising profits boost household net worth in the aggregate (via rising stock prices), which contributes to the &#8220;wealth effect&#8221; and thta tends to influence on consumption (at least for the wealthy).</p>
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