Hi Jim - I fear you are spending too much time on this thread if the following appears to make sense to you:
>>The American economy is an economy of false appearances.There is
no real economic ballast to the American economy. The American GDP of is
something around $10 trillion, of which just 1 percent represents
agriculture, and just 24 percent represents industry. Therefore, 75 percent
of the American GDP is service and most of this is financial speculation.
For those who understand economics, and it appears that the American
Secretary of the Treasury, Paul O'Neil, doesn't, or doesn't see it, it's
enough to say that the USA acts like a huge "dot-com," and dollars, strictly
speaking, are its shares.<<
By that logic, the country would be a better place if we had more farmers and fewer physicians, nurses, x-ray techs, research scientists, pharmacologists, computer programmers, and all the rest of those non-farming, non-manufacturing types. |
