Article

2016-09-07 Economy

From An Industrial Economy To A Paper Economy

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Posted by g(r)omgoru 2016-09-07 02:49|| || Front Page|| [2 views ] Top

#1 While competition is part of the cause increased productitity is another. The increase in goverment jobs imo is due to two things. Increased regulation and empire building in agencies.

Posted by Cheaderhead 2016-09-07 06:08|| 2016-09-07 06:08|| Front Page Top

#2 ...oh, and taxes", to fund them.

* printing money without backing creates inflation which is just another taking/taxing by government. I remember when they made whole copper pennies and silver dimes and quarters.

Posted by Procopius2k 2016-09-07 09:14|| 2016-09-07 09:14|| Front Page Top

#3 ...You might be thinking that government jobs are "good jobs"

Not since June 30, 1992, dickhead.

Posted by Raj 2016-09-07 10:05|| 2016-09-07 10:05|| Front Page Top

#4 Of course the service based economy also depresses wages because so little skill is needed to shuffle papers and sack groceries.

Back when the libs were floating the idea of a service based economy rather than a nasty old smoke stack economy, many economists said it was a bad idea. It still is. Without manufacturing to require skills in math and science, there is no incentive to emphasize that in school, and you then get all of the soft curriculums for various ethnic studies and other nonsense in colleges rather than engineering, chemistry, and physics. There is just so many business admin and finance majors that the economy can absorb.

Posted by Sock Puppet of Doom 2016-09-07 10:25|| 2016-09-07 10:25|| Front Page Top

#5 A better headline would have been, "From an economy based on manufacturing to one based on lies"

Posted by Anguper Hupomosing9418 2016-09-07 17:12|| 2016-09-07 17:12|| Front Page Top

#6 Remember the Old Soviet joke: "They pretend to pay us and we pretend to work?"

Posted by magpie 2016-09-07 19:27|| 2016-09-07 19:27|| Front Page Top

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