No. America was doomed the instant some asshole in the federal government started using the term "service economy." I remember when it came into popular use among politicians. That was when Detroit was being beaten by the Japanese in automobile quality, and the steel mills were starting to close down in the northeast.
For a nation to prosper and remain strong, it must make things, particularly basic things like machine tools, raw steel and steel rails, ships, mining equipment, and so on. Once a country loses its industrial base, it is on a fast road to fuckitude.
No. America was doomed the instant some asshole in the federal government started using the term "service economy." I remember when it came into popular use among politicians. That was when Detroit was being beaten by the Japanese in automobile quality, and the steel mills were starting to close down in the northeast.
For a nation to prosper and remain strong, it must make things, particularly basic things like machine tools, raw steel and steel rails, ships, mining equipment, and so on. Once a country loses its industrial base, it is on a fast road to fuckitude.
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