Re: [Pen-l] Talking about growth -- or not

[Gar Lipow <gar.lipow@xxxxxxxxx>]

On Sat, Jun 27, 2009 at 6:28 PM, Eugene Coyle<eugenecoyle@xxxxxxx> wrote:
>
> People like the idea of cutting working time.  It seems like a good idea in
> multiple dimensions.  But frequently heard is the objection "We can't do
> that."  But in the USA we have done it -- repeatedly.  It always turns out
> well.  Hours go down, incomes go up.  What's not to like?  And of course
> other countries have and are cutting working time.
>
> I've concluded some things.  Growth must stop, and the only way to slow/stop
> growth is to cut working time, sharply and repeatedly.  And I've concluded
> that I should not talk about growth but only about cutting working time.


For what it is worth, I would enthusiastically support cutting working
time. A small step would be the restoration of the 40 hour work week
to an economy where many put in significantly more hours than that.  A
bigger step might be the 30 hour work week. (The argument for that
particular number: 4 day work week of basically 8 hour days, but come
in an hour late the first day, and leave an hour early the last.)
Obviously the real number is whatever you can build popular support
around.
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