To: SkyPilot
"Service sector data for December showed the slowdown is spreading to the dominant driver of economic growth. " There's the problem: the service sector doesn't create much wealth, and creating wealth is the only real growth.
19 posted on
02/06/2016 7:27:55 AM PST by
mrsmith
(Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
To: mrsmith
Service sector is value added and doesn’t really create wealth it just transfers it around. Wealth is created ( i.e. something of value is created from nothing ) in only three ways; mining, manufacturing and growing (agriculture).
28 posted on
02/06/2016 7:40:23 AM PST by
central_va
(I won't be reconstructed and I do not give a damn.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson