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URL:  http://boards.fool.com/quotwere-a-productive-nation-no-doubt-about-26860710.aspx

Subject:  Re: Is your 401(k) Inadequate For Retirement Date:  7/30/2008  5:09 PM
Author:  Howie52 Number:  13750 of 19483

"We're a productive Nation, no doubt about that. We've squeezed a heck of a lot of productivity out of our labor force by driving wages down, and reducing or eliminating benefits (most notably, health insurance). We can't have it both ways: low wages, few benefits, yet self-sufficient retirees.

You can't squeeze blood from a stone."

^^^^^^^^^^^^^^^^^^^^^^^^^^

And here I thought we were losing manufacturing jobs because the labor
costs were too high in the U.S.

And it turns out that we have the opposite problem.

Interesting.

Howie52
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