I was trying to look up George Jetson's job, and found some more articles on what I have asked about here:
http://shorebank.typepad.com/the_oser_view/2010/11/george-jetsons-job.html
The picture that emerges is of a strengthening economy within a stagnant society; that is, a bifurcated socio-economy. In every recent recession, businesses have learned how to produce more with less expense as measured by productivity per hours worked. Businesses do not forget the lessons when they recover from the shock of the recession. Consumers, however, forget the shock more quickly. Those who have jobs begin spending freely again, spurred on by relentless advertising, door-busters, and other come-ons. But following each recession, a larger pool of unemployed and under-employed is being left behind. This time, the bifurcation is being widened. Household wealth is being squeezed by falling home values and the unavailability of traditional credit.
What happens if you end up with George Jetson 9 hour work weeks?
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