Blowing bubbles.

• Author: Schear, Steve
• Position: Letters

The productivity conclusions reached by Karen Kornbluh in her article ("Disconnect: How Bush and Michael Powell Are Killing the New Economy and How to Turn it Around," October 2001) are questionable. Although the overall economy is faltering, it is not clear that productivity is falling. In fact, quite the opposite may be true. At the tops of bubbles, people with less marketable skills become employed, lowering...