It hasn't been a deterioration of productivity performance that explains the deterioration in our living standards. It has been this fall in the employment-population ratio due to the higher unemployment and also, and even more importantly, due to the very large decline in our labour force participation.
Ce n'est pas la diminution de la productivité qui explique la détérioration de notre niveau de vie, c'est la chute du ratio emploi-population qui est due à un chômage plus important, mais aussi, et c'est là chose encore plus importante, à la très grande baisse de participation de notre main-d'oeuvre.