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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Old-School Economics. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Old-School Economics
by possibly noteworthy at 3:38 pm EST, Jan 27, 2008

Why do presidential candidates touting their concern for the economy pose with factory workers rather than with ballet troupes? After all, the U.S. now has more choreographers (16,340) than metal-casters (14,880), according to the Bureau of Labor Statistics. More people make their livings shuffling and dealing cards in casinos (82,960) than running lathes (65,840), and there are almost three times as many security guards (1,004,130) as machinists (385,690). Whereas 30 percent of Americans worked in manufacturing in 1950, fewer than 15 percent do now. The economy as politicians present it is a folkloric thing.


 
 
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