Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Gunslingr3
Can you point to examples of countries without a strong industrial base that are powers in the world?

Gee, what counts as strong? 2% of a 10 trillion dollar GDP, 50% of a 1 trillion dollar GDP? Your focus is misplaced.

Shall I take that as a "No, I can't point to any such examples." answer?

455 posted on 08/25/2003 10:44:03 PM PDT by per loin
[ Post Reply | Private Reply | To 454 | View Replies ]


To: per loin
Shall I take that as a "No, I can't point to any such examples." answer?

I asked for clarification. The question as posed was pointless. Perhaps you know the magic number (or percentage, or ratio, total of GDP with respect to other nations, etc.) for whatever is deemed to be the manufacturing sector of an economy to determine whether or not it is 'strong'. I don't pretend such knowledge.

My brother started his own glass business. He installs auto glass, windows, showers, mirrors, just about anything. Is that service sector? Is it not as important as my cousin who breaks the casting tits off a Briggs & Stratton lawnmower carbeurator when it comes out of the cast? Uh-oh, my brother bought a window pressing unit a few weeks ago, now he buys his own flat glass and cuts and makes custom insulated units. Is his bsiness manufacturing? Service? Both? Does it matter? Nope, what matters is that he supplies a demand, and turns a profit. Wealth is created, not lost or squandered. That makes him, and the people he trades with, better off. They have the thing they wanted, he has money to buy the things he wants.

457 posted on 08/25/2003 10:58:39 PM PDT by Gunslingr3
[ Post Reply | Private Reply | To 455 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson