2 ms·
Productivity per capital in US remains high. Isn't the industrial strategy simply producing weapons and waging war around world to pump up demand for weapons?
by zachguo 8y ago
Productivity per capital in US remains high. Isn't the industrial strategy simply producing weapons and waging war around world to pump up demand for weapons?
- Nasrudith 8y agoWhile the weapons industry is somethung the US leads in it is a billions of dollars industry. The US manufacturing is in trillions. The truth is that industry is doing just fine in the US - it is just largely high end and automated so it employees fewer people than services and is more arcane than just working at the plant making widgets day in and day out.