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To: PSYCHO-FREEP

NO economy can sustain itself for very long if it is so heavily service based as we have become.


Well, it can to some degree IF people from overseas use our services. Unfortunately, the biggest bang for the buck is still manufacturing. Note that public sector employment has increased (to take up the slack) as the manufacturing sector has declined. If the public sector shrunk down to its legitimate size, the unemployment rate would be about > 30%. The deficit has masked our economic decline for some time now.


26 posted on 09/26/2010 6:22:33 AM PDT by rbg81 (When you see Obama, shout: "DO YOUR JOB!!")
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To: rbg81

So, who pays for “Public Sector” employment? Public Employees?

Who pays for “Service Employees”? More Service Employees?

Eventually, you run out of the actual reason for a Service based economy like the one we find ourselves in. The pathetic thing is, people like yourself, have no clue what will eventually happen, nor do they care.


36 posted on 09/26/2010 6:56:27 AM PDT by PSYCHO-FREEP ( Give me Liberty, or give me an M-24A2!)
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