. Yet theР real hero of American workers is their rising productivity. As another example,Р mentators have claimed that petition from Japan andР other countries explains the slow growth in U.S. es over the past 30 years.Р Yet the real villain is petition from abroad but flagging productivityР growth in the United States.Р The relationship between productivity and living standards also has profoundР implications for public policy. When thinking about how any policy will affect liv-Р ing standards, the key question is how it will affect our ability to produce goodsР and services. To boost living standards, policymakers need to raise productivity byР ensuring that workers are well educated, have the tools needed to produce goodsР and services, and have access to the best available technology.
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