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Why is it a good thing? Manufacturing jobs are horrible, ask anyone who had one. The US built a high margins service economy. This is two steps backwards, no
by selkin 7mo ago
Why is it a good thing?
Manufacturing jobs are horrible, ask anyone who had one.
The US built a high margins service economy.
This is two steps backwards, no step forwards sort of a deal.
- maxdo 7mo agoThis is why we have troubles. This is so delusional in many ways. You can’t be high margin without building at least something . You can’t be a successful country full of lawyers and doctors only. You have to actually build something
- manuelabeledo 7mo ago> You can’t be a successful country full of lawyers and doctors only. You have to actually build something The GDP sector composition of most of the largest economies is heavily service biased. So, no.
- maxdo 7mo agoGambia has 70% of service economy. Do you want USA live like Gambia ? With your logic money grows on the trees. Services inside of the country does not produce anything. US doctors able to buy Mercedes cars from Germany because this country still exports windows and iPhones.
- manuelabeledo 7mo ago> Gambia has 70% of service economy. Do you want USA live like Gambia ? What are you even talking about. Iraq economy is almost 60% industrial, are they doing better than Ireland? Of course not. Also, the US is the second largest country by motor vehicle production in the world. And the US GDP is 80% service derived.