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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!)
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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.)
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