This chart based on US Government data that shows productivity growth slowed by one-third, to less than 2 % after 1979. The reason? CEOs switched focus to spiking earnings by cutting R&D, cutting investment, and compressing wages. Investment fell and so did...
This chart shows that U.S. CEOs suppress “worthwhile” investment in new “very valuable” projects, using the savings to boost quarterly earnings and spike stock prices.
