04 January 2010

The Economy of Nothing

Service economy...what a crock. What does that mean exactly? How can you call your economy a legitimate one when you produce nothing of value? Service generation. What are you servicing, who are you servicing? How are they getting these goods and services that you are servicing? It's all about debt and globalization. We used to have the stratification and industrial base here, local and tangible, but now all the heavy lifting has been sent to China and India. What are we left with here? The industry of debt creation and management. Strange ideas, strange days. Everyone's okay with all of this bullshit, that's what perplexes me the most.

Well, the labor economists at Harvard and BLS certainly are stuck inside their respective boxes. NPR reports the new jobs for the new decade:
http://www.npr.org/templates/story/story.php?storyId=122123729

Top 10 according to these dim bulbs are:

1. Registered nurses

2. Home health aids

3. Customer service representatives

4. Food preparation and serving workers

5. Personal and home care aides

6. Retail salespersons

7. Office clerks

8. Accountants

9. Nursing aides, orderlies and attendants

10. Postsecondary teachers

No one to make things, nobody growing anything. It's all very surreal.

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