Just a link today, to a great short piece.
I think the productivity gains cited here by Ruccio, combined with a narrative about even the "well off workers" no longer being "well off" explains a lot of what we are seeing today in the US. Namely, post-recession, post-occupy movement, return to business as usual. Massive excess on the backs of the American worker and all that. Happy weekend all, two days of cheap processed food and mass produced beer before you head back to being exploited on Monday.