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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

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Opinion >  Syndicated columns

Sanders-ism will outlast this year’s campaign

Sen. Bernie Sanders is waging an improbable presidential campaign, but he won’t disappear after this election. Nor will his followers: Perhaps they’ll be called the Bernie Brigade or Sanderistas. The Vermont socialist probably has no more than a 10 percent shot at winning the Democratic nomination – and that’s if something bad happens to Hillary Clinton or, less likely, if after winning in Wisconsin this week, he scores a huge upset in New York two weeks later and transforms the race.
Opinion >  Syndicated columns

Robert J. Samuelson: Parallel technology slows productivity growth

A paradox of our time concerns productivity. We are awash in transformative technologies – smartphones, tablets, big data – and yet the growth in labor productivity, which should benefit from all the technology, is dismal. This matters. Productivity is economic lingo for efficiency, and it’s the wellspring of higher living standards. If productivity lags, so will wages and incomes. The latest figures are disheartening. From 2010 to 2015, average labor productivity for the entire economy rose a meager 0.3 percent a year. If maintained over a decade, this molasses pace implies a puny 3 percent wage increase, assuming (perhaps unrealistically) that the gains are spread evenly over the labor force.