"For a variety of reasons, we are not producing at a given level of economic activity the jobs we used to have"
About this Quote
The phrase “not producing at a given level of economic activity” does quiet but crucial work. It separates growth from jobs, puncturing the old promise that GDP gains automatically translate into broad employment. That’s the post-2000, post-2008 anxiety in one sentence: you can have “recovery” on paper and stagnation at the kitchen table. Bishop is pointing to a structural shift - productivity rising, labor share falling, and whole categories of middle-skill work hollowing out - without sounding like he’s indicting “the market” or admitting policy failure.
Then comes the nostalgia lever: “the jobs we used to have.” It’s less an economic claim than a moral one, smuggling in the idea that those jobs were stable, dignified, and socially anchoring. Subtext: the system’s bargain has changed, and government owes an answer. Contextually, this reads like a bridge statement meant to justify intervention (job training, industrial policy, infrastructure, incentives) while keeping the coalition intact: business-friendly enough to avoid panic, worker-aware enough to acknowledge that something real has been lost.
Quote Details
| Topic | Work |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Bishop, Tim. (2026, January 16). For a variety of reasons, we are not producing at a given level of economic activity the jobs we used to have. FixQuotes. https://fixquotes.com/quotes/for-a-variety-of-reasons-we-are-not-producing-at-90497/
Chicago Style
Bishop, Tim. "For a variety of reasons, we are not producing at a given level of economic activity the jobs we used to have." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/for-a-variety-of-reasons-we-are-not-producing-at-90497/.
MLA Style (9th ed.)
"For a variety of reasons, we are not producing at a given level of economic activity the jobs we used to have." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/for-a-variety-of-reasons-we-are-not-producing-at-90497/. Accessed 6 Feb. 2026.
