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To: Toddsterpatriot

Check out the link in post #124. We're not quite at zilch yet.

Just working at it, more dollars chasing each other in an ever growing service economy.

Yep, selling, washing, repairing Hondas instead of creating them. Just the way to stay a great nation.

 

BEA: Goods production vs Service industries


165 posted on 07/12/2006 9:03:54 AM PDT by ancient_geezer (Don't reform it, Replace it.)
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To: ancient_geezer
Just working at it, more dollars chasing each other in an ever growing service economy.

That's right. Nearly $400 billion in goods in May alone. Almost too small to bother counting.

That's a great chart you keep posting. Are you claiming our standard of living was higher in 1959 when we produced more than it is in 2006 when we produce less?

166 posted on 07/12/2006 9:17:22 AM PDT by Toddsterpatriot (Why are protectionists so bad at math?)
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To: ancient_geezer

Right - services the foundation of real wealth!!! Don't need to produce nuttin!!! Just keep buing services and get rich.


175 posted on 07/12/2006 10:39:57 AM PDT by pigdog
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