{"id":25273,"date":"2019-05-06T10:37:37","date_gmt":"2019-05-06T14:37:37","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=25273"},"modified":"2019-05-06T17:39:21","modified_gmt":"2019-05-06T21:39:21","slug":"image-of-the-day-worker-productivity-finally-surges-and-why-thats-important","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/25273\/image-of-the-day-worker-productivity-finally-surges-and-why-thats-important\/","title":{"rendered":"Image of the Day: Worker Productivity Finally Surges, and Why That’s Important"},"content":{"rendered":"

After years of Obama economic malaise, American Enterprise Institute (AEI) highlights<\/a> how worker productivity is finally surging following the election of Donald Trump and implementation of his deregulatory and tax-cutting agenda:<\/p>\n

\"Worker Worker Productivity Finally Surging<\/p>\n

.<\/p>\n

Here’s why that’s important, as AEI’s James Pethokoukis notes:<\/p>\n

[P]roductivity increased at a rapid 3.6% annualized rate during the first three months of this year.\u00a0 On a year-ago basis, this puts productivity growth at 2.4%, the fastest pace since early 2010 and far better than the 1% pace that has typified the post-financial crisis expansion.\u00a0 As Barclays economist Blerina Uruci told The Wall Street Journal, ‘That means we can grow at a faster pace on a more sustained basis.\u00a0 It also means the economy can run hotter for longer without causing inflationary pressure.’\u00a0 Moreover, consistent 2%-plus productivity growth makes a 3% real GDP economy less of a stretch.”<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

After years of Obama economic malaise, American Enterprise Institute (AEI) highlights how worker productivity is finally surging following the election of Donald Trump and implementation of his deregulatory and tax-cutting agenda: . Here’s why that’s important, as AEI’s James Pethokoukis notes: [P]roductivity increased at a rapid 3.6% annualized rate during the first three months of […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[19,5072,4901,5071,4993],"class_list":["post-25273","post","type-post","status-publish","format-standard","hentry","category-posts","tag-economy","tag-obama-malaise","tag-productivity","tag-productivity-growth","tag-trump-bump"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/25273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=25273"}],"version-history":[{"count":5,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/25273\/revisions"}],"predecessor-version":[{"id":25280,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/25273\/revisions\/25280"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=25273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=25273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=25273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}