Well, though the manufacturing sector in America is going sunk, the
service sector is booming, especially financial service and IT service,
Wall street and IBM are good examples. Maybe 10 years later, there will
be more "served by USA" than "made in USA"
I read in a report that only 17% of our kids graduated with a college
degree in engineering or science, and in 2010, more students graduated
with a degree of visual or performing arts than those with a degree in
engineering or science. I guess we will have more "entertained by USA"
than "made in USA" as well.
Is that a good trend? I don't know, but I am sure it's gonna hurt jobs.
EDB
On 12/4/2011 10:04 AM, Chris Trask wrote:
>>>> The very nature of American business dysfunction. Same
>>>> thing happened to Motorola's semiconductor sector. They
>>>> used to be THE powerhouse for semiconductors, and then
>>>> a few years ago I watched at their original fabrication
>>>> plant just two miles from me was slowly demolished and
>>>> carted away to scrap dealers. All that remained was a
>>>> saguaro cactus and s sign for the credit union. The
>>>> sign was stolen less than a year ago.
>>>
>>> I watched Digital go down. Digital was competing with
>>> itself rather than the world.
>>>
>>> All that is left and thriving is the Digital Federal
>>> Credit Union.
>>>
>> All that remains of IBM Boca Raton, FL is the IBM
>> Southeast Employee's Federal Credit Union...
>>
> AHA!!! There you have it. Since all that survives is the credit
> unions, that makes credit unions a good investment opportunity.
>
> Chris
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