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America is mostly a service based economy. Same with Silicon Valley. I don’t think anything is manufactured there. All this is to be expected in a service base
by pyuser583 1y ago
America is mostly a service based economy. Same with Silicon Valley. I don’t think anything is manufactured there.
All this is to be expected in a service based economy.
- 0xWTF 1y agoSV only started looking like a service-based economy, from a taxation perspective, after IRC section 174 changes came into effect.
- Tadpole9181 1y agoAmerica is one of the largest manufacturers in the world. Literally second only behind China. Something like 18% of global manufacturing exports (in USD). I feel like people forget this sometimes. We're in a tight spot and should reverse course in many ways, but we aren't these helpless little babies that do nothing but serve food and write software. Maybe because it's very convenient to the rhetoric one side of the aisle uses.