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View Diary: GDP Up Again; Job Growth Will Continue to Strengthen (110 comments)

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  •  I completely agree.... (2+ / 0-)
    Recommended by:
    Drew J Jones, Dr Teeth

    ...and I fully admit that I'm biased as a worker in the information economy.

    While manufacturing durable goods is critically important, it is short-sighted to say that we should shift focus AWAY from white collar jobs that make us world leaders in new technology.

    It's great to manufacture TVs.

    But it sure would be helpful to INVENT the next big consumer good (e.g., iPhone) AND manufacture it here.

    The big IDEAS need to come from America too. Historically we didn't just manufacture TVs and Telephones, we also invented those devices.

    Though this nation has proudly thought of itself as an ethnic melting pot, in things racial we have always been...a nation of cowards. - Holder

    by malharden on Fri Apr 30, 2010 at 06:17:54 AM PDT

    [ Parent ]

    •  Not focus away (0+ / 0-)

      Just reset the balance.  When we run a $400 billion dollar a year trade deficit, it means our economy is shrinking.  Making products that others buy is the foundation of any economy.  It could be agriculture or manufacturing, but we have to sell something to other countries.

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