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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (13553)1/16/2002 2:26:40 PM
From: S. maltophilia  Read Replies (1) | Respond to of 74559
 
We'll have long since forgotten how to make steel & tanks. We'll have to telemarket them during their dinner hour, or maybe bore them to death with Powerpoint presentations.



To: Mike M2 who wrote (13553)1/16/2002 7:59:57 PM
From: AC Flyer  Read Replies (2) | Respond to of 74559
 
Hi Mike:

Did you know that in the US manufacturing employment has fallen sharply as a share of total employment, from 41 percent of all employment in 1950 to 20.1 percent in 1998? Should we care? No. Why not? Because in 1950, real goods production accounted for 37.3 percent of real GDP but in 1998 it accounted for 39.8 percent. In other words, manufacturing now accounts for a greater share of total economic output than it did when more than twice as many Americans (as a percentage of the total workforce) were engaged in it. Food for thought down in the union hall.

If this is sacrificing our industrial base, I'm all for it.

Moving right along to the next war. How many tons of carbon steel go into an F22 Raptor, Mike? How about a B2 Stealth bomber? A V-22 Osprey? You get the point, I'm sure.

ncpa.org



To: Mike M2 who wrote (13553)1/16/2002 8:51:24 PM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
During the later part of the cold war the U.S. no longer manufactured certain vacuum tubes used in aging radar equipment in the Dew Line (Distant Early Warning System). Instead of a government edict to maintain an obsolete technology base, we simply bought 'em from some stagnant communist bloc nation like Czechoslovakia. Strange, eh?