General Discussion
In reply to the discussion: Zero Manufacturing Jobs Added. Zero. [View all]bvar22
(39,909 posts)Mistaken, but not alone, which is unfortunate for the Working Class in our country.
Money does NOT equal Wealth.
Wealth IS created when a raw material is mixed with labor,
and there is a measurable improvement in the state of that raw material.
Service and Administrative Jobs are necessary to assist the Wealth Creators (LABOR),
but by themselves they create no WEALTH.
If a society marginalizes the Wealth Creators (LABOR) and attempts to exist solely on Service & Administrative jobs(Corporate Management, Wall Street, Investmant Banks, etc), then you WILL see exactly what we have in the USA today.
Corporate Profits Hit Record High While Worker Wages Hit Record Low
http://thinkprogress.org/economy/2012/12/03/1270541/corporate-profits-wages-record/?mobile=nc