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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (334352)4/20/2007 6:24:28 AM
From: Road Walker  Read Replies (1) of 1576815
 
re: The percentage of the economy related to manufacturing is declining. The percentage related to agriculture declined much more. Does that mean we aren't growing any food anymore?

Strawman.

re: In inflation adjusted dollars per person in the US, manufacturing continues its long term trend of growth. The fact that its a smaller percentage of our economy, only means that production of services is growing faster then production of goods, not that production of goods isn't growing. And the US is not alone in this. The same thing has occurred to a greater or lesser extent in almost all rich countries.

And it eventually leads to them being less rich.
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