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To: parsifal
Consumer driven economy with unnecessary jobs ain’t going to bounce back anytime soon.

If ever. This country didn't become great by running doggie boutiques and tanning salons, we MADE things. It is not often that people going through a watershed in their country's history are aware of it, but I believe this is one of those times.

11 posted on 07/05/2009 8:06:49 PM PDT by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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To: Oatka

Amen! I have been replying a lot lately with my “frippery slope” take on things. Frippery means unnecessary, trivial. or non-essential.

Over last 30 years, our job base has increased with service sector jobs, meaning we sell $70 tennis shoes, $100 new torn-up jeans and $5 cups of coffee.

I have been scared for a while that any serious downturn would start us sliding down the frippery slope. And with no demand from these people, the rest of us are in big doo-doo.

Parsy, who thinks we may start making our own stuff again rather than Chinese.


13 posted on 07/05/2009 8:20:57 PM PDT by parsifal ("Knock and ye shall receive!" (The Bible, somewhere.))
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