http://news.yahoo.com/s/ap/20100405/ap_on_bi_go_ec_fi/us_economy;_ylt=Au8cYLquMHdebr6vyYqgeySs0NUE;_ylu=X3oDMTNlYmtxYXQwBGFzc2V0A2FwLzIwMTAwNDA1L3VzX2Vjb25vbXkEY2NvZGUDbW9zdHBvcHVsYXIEY3BvcwM3BHBvcwM0BHB0A2hvbWVfY29rZQRzZWMDeW5faGVhZGxpbmVfbGlzdARzbGsDbW9yZWdvb2RlY29u
[Jeez, what a long link!]
The first part that 'jumped out at me' was this:
"Some economists and corporate executives say it (service sector job growth bring down the unemployment rate) could. And they say they no longer fear a double-dip recession — in which the end of government stimulus money would tip the economy back into contraction."
Hmmm....somewhere...a long time ago, a very good English professor instructed me to "cite my sources" when making sweeping statements. Don't get me wrong, I want the U.S. economy to recover. But two paragraphs down, the authors of this article quote one economist from one "capital markets" firm. Farther down, they quote one V-P for a recruiting firm and two executives from a public relations firm. Some? To me that seems more like 'a few.'
But, hey, a small ray of sunshine in an otherwise bleak economy, right?
And best of all, this article gave me a clue as to what a 'service economy' consists of: "It includes jobs in areas like health care, retail and financial services." That doesn't sound so bad.
Nevertheless, there's a nagging doubt in the back of my mind about the U.S. economy being a 'service-based' economy versus a 'manufacturing-based economy'... I'm clinging to my assertion in the previous post. A balanced economy of service and manufacturing would serve the U.S. best.
My pursuit of understanding this continues.
But, hey, a small ray of sunshine in an otherwise bleak economy, right?
And best of all, this article gave me a clue as to what a 'service economy' consists of: "It includes jobs in areas like health care, retail and financial services." That doesn't sound so bad.
Nevertheless, there's a nagging doubt in the back of my mind about the U.S. economy being a 'service-based' economy versus a 'manufacturing-based economy'... I'm clinging to my assertion in the previous post. A balanced economy of service and manufacturing would serve the U.S. best.
My pursuit of understanding this continues.
This is good stuff, you are a talented writer, hmmm...must be in the genes somewhere! (: Keep researching, keep learning, and keep passing it on, more folks might stumble into your "little corner of the internet" than you might suspect!
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