James Strong Show Podcast

The market pays based on productivity. Divide the outputs of a company by the input used to produce that output. If the math doesn't work, the company fails. American productivity, long the best in the world has fallen precipitously. "Pay me what I'm worth" has been the labor montra for generations. Increase wages are not sustainable without increased productivity, especially in manufacturing. The new manufacturing initiative will fail without increased productivity or decreased wages. Strong discusses.