Quote:
Originally Posted by Skinny.
What is wrong with being a services nation? Service sector jobs > manufactoring jobs.
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Depends on why they have been created. For the UK, with the Tories slavishly following the teachings of Friedman and Hayek, we experienced a form of negative deindustrialisation. That shouldn't be a feature for the US, given the product cycle within a free trade context should induce technical progress (and therefore a positive deindustrialisation generated by productivity and income growth)
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I was angry with my friend: I told my wrath, my wrath did end. I was angry with my foe: I told it not, my wrath did grow. And I watered it in fears, Night and morning with my tears; And I sunnèd it with smiles, And with soft deceitful wiles. And it grew both day and night, Till it bore an apple bright; And my foe beheld it shine, And he knew that it was mine, And into my garden stole, When the night had veiled the pole: In the morning glad I see; My foe outstretched beneath the tree.
Last edited by Reiver; 05-04-2009 at 01:12 AM.
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