The 1980s will seem like a walk in the park when compared to new global challenges, where annual productivity increases of 6% may not be enough. A combination of software, brains, and running harder will be needed to bring that percentage up to 8% or 9%.
I remember very clearly at the first budget review having a pretty direct conversation with the head of manufacturing... We began to get huge improvements in productivity and responsiveness. I got a chance to see that firsthand.
The level of potential physical productivity of a society depends on both the development of the intellect of its members, and a minimal standard of both demographic characteristics and of consumption.
I believe in an America in which the fruits of productivity and prosperity are shared by all, by workers as well as owners, by those at the bottom as well as those at the top; an America in which the sacrifices required by national security are shared by all, by profiteers in the back offices as well as volunteers on the front lines.
You don't have a very motivated working class, it starts to affect the dynamics of the economy. If workers are disenchanted and disenfranchised, productivity losses will go along with that.
Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological innovation, jobs, and wealth.
When you waste a moment, you have killed it in a sense, squandering an irreplaceable opportunity. But when you use the moment properly, filling it with purpose and productivity, it lives on forever.
Productivity is going to be a critical issue. And it's not just about getting more time for professors in the classroom. It involves reexamining the learning experience and restructuring faculty and the use of faculty time.
I was the one that brought it in, but not only for the north-east, for every area so we can develop all the regional economies, lift up the national productivity, get greater wealth and share it more evenly.
We must speed up the deployment of broadband in order to bring high-speed data services to homes and businesses. The spread of information technology has contributed to a steady growth in U.S. productivity.
Louis Braille created the code of raised dots for reading and writing that bears his name and brings literacy, independence, and productivity to the blind.
I turned down a scholarship to Yale. The problem with college is that there's a tendency to mistake preparation for productivity. You can prepare all you want, but if you never roll the dice you'll never be successful.
I'm a political scientist and I study these things, and I know that economic problems, with the rising unemployment and inflation and low productivity and so forth, were a factor in that election, in that defeat of President Carter.
