, 4 tweets, 1 min read Read on Twitter
The period of time your “Exhibit 2” focuses on was marked by the addition of more than 2.6 million pages to the Federal Register, on top of the fewer than .6 million that had been added since 1936, when it started.
This, together with the point already made in answer to your first tweet, makes it extremely unlikely that any substantial rise in the productivity of labor actually occurred over the period 1973-2014.
Moreover, having to increase output to meet arbitrary government requirements, such as having to make 3 garbage pickups instead of 1, for the sake of recycling, does not improve economic well-being and so shouldn’t be counted.
Just as the measure of productivity you cite is almost certainly overstated, the measure of wage increases does not allow for the diversion of wages from take-home pay to additional forced employer contributions for workers for health insurance, family leave, social security, etc
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