106. The Productivity Fallacy

The problem with employee productivity

Did you know that employee productivity in America has nearly been going in reverse for the past 15 years?

It’s true.
Stick with me on this one.

As far as the government is concerned, “employee productivity” is basically the amount of revenue an average person represents by doing an hour of work. To say this in 5th grade math language:

As an example, I’v…