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Blue_true

(31,261 posts)
7. The last things that you mentioned are services.
Mon Jun 25, 2018, 10:40 PM
Jun 2018

The country is now largely a services economy. Around where I live, most workers are in healthcare, government, Air Conditioning installation and service (it is Florida), or warehouse operations. There is no biotech, one semi-high tech (government). The area is saturated with dollar stores and has more Walmarts per capital than I have seen anywhere. The huge reliance on healthcare and government jobs (federal, state, city, county) means that when the economy goes south, this area is going to get gutted, like it was in 2008. Once the government and healthcare jobs go, the other jobs that rely on them go, it was a bloodbath here in 2008, but President Obama's policies lifted the area.

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