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View Diary: An Economy cannot be based on CONSUMPTION (285 comments)

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  •  I think you are missing the point (2+ / 0-)
    Recommended by:
    xrepub, NoMoreLies

    or maybe I am.

    My take is you need to produce something to create or add value - from that, a service sector can flourish - but how do you generate or create wealth from services only?  IMHO, you can't - sure there are those at the top (like in the US 2011) who will always have $$$ - but by not producing and adding value, you leave behind a huge segment of the population.

    Our problems are world population explosion.

    Terrible trade agreements.

    No global standard for emissions.

    Someoe needs o have the political will to enact regulations that say if you want to sell in AMerica - at least 70% must be made or components made in America.

    We will piss off a lot of countries - so what?  They have a sweet deal right now.

    It's time the US Government started taking care of it citizens first - not their special interests - and not foreign Governments.

    The care of human life and happiness, and not their destruction, is the first and only legitimate object of good government. - Thomas Jefferson

    by ctexrep on Thu Sep 29, 2011 at 08:15:31 AM PDT

    [ Parent ]

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