What Contributes to Our Economy & GDP? »
Posted By WikiMap 8 months, 1 week ago in NewsWhile a lot of attention is focused on big corporations being the engine behind our economy, small business is responsible for a large portion of our economy.
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calitennflo8 months, 1 week ago
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There is an enormous amout of waste generated by an unproperous governing of everything. When governing does not follow an acceptable due process or procedure plus accepted manner, then you see what is going on.
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Obviously, we have the wrong ones governing us...simply because they are not governing us, but governing money. -
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FrankHummel8 months, 1 week ago
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The PROBLEM with that sort of thinking is that a LOT of what is being done by "small business", although it IS "counted in" to the GDP, is really NOT in the MAINSTREAM of production of the REALLY VITAL "diet" of goods and services.
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I enjoy going in to boutiques in the "artsy-craftsy" and "antique" business communities as much as ANYBODY. But it really is LUDICROUS to reckon the "contribution to the economy" as somehow being COEQUAL to that of, say the FARMER, or the HOMEBUILDERS, or the MANUFACTURERS of (say) AUTOMOBILES --- which MUST, by their very NATURE, be quite LARGE-SCALE operations. It may be a convenient (and lucrative!) fiction of governmental ACCOUNTING practice (being "useful" by way of "vacuuming up" dollars of REAL wealth and "channeling" them over into the tax collector's "coffers"). But it is utterly ABSURD to pretend that a "dollar" earned peddling lollipops has the SAME "value" as one earned raising crops or building homes or providing vital transportation services.
I submit that in REALITY the "Gross Domestic Product" number is, to a significant degree, REALLY A FALSE METRIC!-
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FrankHummel8 months, 1 week ago
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I would further submit the following:
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To the legion of "good" people who now profess to be so anxious and who dither endlessly about the ballooning national debt, and "creeping (galloping?) Socialism" and the whole pattern of governmental "meddling" in the supposedly "Free Market" economy-
This country HAS INDEED been LOOTED --- but it hasn't been OBAMA who is guilty of THAT! HE hasn't even BEEN AROUND LONG ENOUGH to have POSSIBLY been guilty of that! The claque who ACTUALLY bear the burden of that guilt go back MUCH FARTHER than just HIM --- and in any case includes MANY more perpetrators than just mere “POLITICIANS”! I submit the crowd that now attempts to lay blame off onto a new generation of leadership/stewardship are REALLY trying to EXPIATE THEIR OWN GUILT!
For instance, most people now seem to enerally presume that since the whole "economic breakdown" first "APPEARED" in "our" marvelous FINANCIAL "sector" (and specifically, REAL ESTATE), that THAT must necessarily have been the underlying CAUSE of it all. I submit, though, that the REALITY is THIS: "Our" FINANCIAL system really has NOT been the actual SOURCE of the fiscal problems for which it is now being "hung out to dry". Rather, it has simply been USED. And YES, it certainly HAS incurred a BURDEN OF COMPLICITY IN --- but NOT really the PRIMARY RESPONSIBILITY FOR --- the much LARGER misdirection of resources and capacities of this society as a whole.
What has been done by mere financial technical MINIONS (e.g. all those moneylenders who conjured up and “marketed” those "toxic assets") had as its REAL objective (regardless of whether the fact was THEN or is even NOW consciously recognized by those who "played the game") of DELAYING and STAVING OFF the economic collapse that has now occurred --- in effect "passing the buck" off to the NEXT generation of "leadership/stewardship", and precluding the public outrage that rightfully SHOULD have rebounded in a much more TIMELY fashion on the "political faction" that has been so hell-bent on clinging to "our" little "financial" OIL EMPIRE for a bit longer. And THAT in preference to actually getting SERIOUS about IMPLEMENTING the technological alternatives to ACTUALLY WEAN "OUR"SELVES OFF OF "OUR" ADDICTIVE DEPENDENCY ON OTHER PEOPLES' OIL!
To make matters even much WORSE, such technological alternatives ALREADY DO INDEED EXIST, and have LONG EXISTED --- CONTRARY to the notion that seems to be propagandistically cultivated among the HUGELY techologically IGNORANT preponderance of most of the "body politic", which has been perpetually beguiled to the effect that meaningful change is predicated on hypothetical "exotic, futuristic" NEW developments in “the laboratory” over, say, the next fifty years or so.
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