| | | >> Given that the economy was in the process of hitting one of the worst economic downturns since the Great Depression, I'd say it didn't do much for it.
What, you expect a newly introduced cell phone to support an economy reeling from the crash of the Clinton Real Estate Bubble? Do you think that is reasonable?
>> You'd have to ask Blackberry. Seems to me they were doing pretty well, pre-iPhone...
The operative word is "pre-iPhone". And it is precisely the point: the iPhone was innovative and it replaced the Blackberry, creating economic growth. Of course.
>> I realize you are an Apple fanboy, but smartphones did exist prior to the iPhone.
Apple makes the best of most of the the things they make. Not a fanboy but I do love quality and great engineering and Apple does reflect that.
>> is but a small fraction of the US economy.
Right. Which is the reason it is absurd you would try to suggest that the iPhone in its infancy ought to have propped up the economy after the Clinton Real Estate Crash.
>> Fast food was not innovative in 1964.
Surely, this isn't a subject you think you argue with me about. But whatever.
Carhops were not "fast food". FYI. Fastfood replaced car hops. Which, although it was beginning in 1964, the idea of franchising fast food stores was in its infancy. My dad's previous restaurants had had carhops in the early 50s and yes, they existed prior to that.
The idea behind fast food was to eliminate the carhop, providing a walk-in storefront where you could get cooked-to-order with short wait times (hence, fast) at a reduced cost. There was exactly one McDonalds in our state when this happened and none were close to where his first store went. And that is why I referred to it as "innovative." No one else was doing it where he was.
It was innovative and it was wildly successful and continues to be. Wildly profitable. And it has provided thousands of jobs for teenagers and college students over the years. So, to claim it isn't an efficient creator of growth is nonsense.
>> Someone who apparently thinks the bulk of our economy is gadgets and fast food was innovative in 1964
I'm sorry, you are confusing carhops with drive-ins. |
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