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Reply #39: Progress in the making? [View All]

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sadseraph Donating Member (1 posts) Send PM | Profile | Ignore Tue Jan-18-11 08:03 AM
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39. Progress in the making?
Generalizations have a tendency to make facts a little fuzzy. For instance, the article fails to mention that the US is still produces and exports more food and agricultural products than any country in the world, and we haven't been a primarily agriculture economy in a long time. We are still the world's leading manufacturer of military weapons and equipment. And finally, we can think of the US as having 'moved on' from manufacturing. Drucker referred to this as a knowledge economy. But quite simply the US's GDP still dwarfs every other country (and is nearly more than all of Europe combined). Food, guns, and money seem to be our primary exports (not waste paper), and if these weren't so successful I daresay the rest of the world wouldn't have any reason to produce consumer electronics or manhole covers for us.
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