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russ_watters
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It doesn't actually give any data, so it is hard to say what they mean. Given that American workers make considerably more money than their French counterparts, I suspect he means they have higher productivity per hour worked, not overall.JasonRox said:Yes, but isn't productivity per person in France higher?
And his attempt at explaining the French youth unemployment problem is pretty silly/illogical.
He's also quite wrong about there not being a need to stay competitive (that 'once you're developed, there is no need to develop more' rediculousness). The simple truth is that if you don't continue to increase your GDP, your absolute standard of living will go down. The easiest example demonstrating that is the price of oil, but the concept applies everywhere. As demand goes up, price goes up, and if your income doesn't go up with it, you can afford less of it. This will become a very serious problem for France (and much of Western Eurpoe), as China develops.
Not a well-written article (and not a mainstream source, I might add).
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