Actually, my co-workers and I do produce a product. We produce financial statements used by banks and investors to determine asset viability.
Some of what you say is accurate, we do work more efficiently now than we did 5 years ago, but we also work much more stressfully, with absolutely no room for creativity. It's all production. And the profit margin on our 'product' is much higher than it was 5 years ago.
Unfortunately, none of that profit margin has been translated into increase paychecks for the workers, and our quality of life has decreased. We are spending less on entertainment and clothing and food and other necessities.This translates into less profit for all of those who provide those products. Not more demand or jobs...
So maybe the company owner can afford an extra pool boy or another pilot for his private plane? Those are jobs...
