For us individually. For us collectively it was a horrible thing. We lost the means and incentive to produce anything durable, including a healthy, educated, sustainable society.
People planning the post-WWII system wildly overestimated how how disciplined Americans could be.
The whole point of the US transitioning to a service economy was that it would upskill the workforce into the world's Delta Force team of highly educated scientists, engineers, researchers, etc. The rest of the world would handle the boring stuff like actually manufacturing the beautiful inventions designed by the US.
The problem is that a lot of the US populace is gung-ho patriotic and willing to die for their country, but absolutely refuses to learn math or generally do their homework for their country, which is what's actually required for this whole scheme to work.
I'm paraphrasing the shockingly astute observations of this guy[1].
Yeah, I've heard this interpretation before that this is the US trying to wean itself off the resource curse bestowed by a strong dollar. I think it's a fun idea, but there is no reason or strategy to this, I'm afraid. Just stupid people doing what they do best, doing stupid things.
Yes... so lets vote someone in that does all the things towards creating a less healthy, less educated and less sustainable society.
US was doing just fine btw. I know this because people like you blow the small issues way out of proportion, and the reason this haplens is that there is no real issues to worry about.
saulpw|1 month ago
mullingitover|1 month ago
The whole point of the US transitioning to a service economy was that it would upskill the workforce into the world's Delta Force team of highly educated scientists, engineers, researchers, etc. The rest of the world would handle the boring stuff like actually manufacturing the beautiful inventions designed by the US.
The problem is that a lot of the US populace is gung-ho patriotic and willing to die for their country, but absolutely refuses to learn math or generally do their homework for their country, which is what's actually required for this whole scheme to work.
I'm paraphrasing the shockingly astute observations of this guy[1].
[1] https://www.instagram.com/reel/DD-MPWAPoaT/?hl=en
RealityVoid|1 month ago
ActorNightly|1 month ago
US was doing just fine btw. I know this because people like you blow the small issues way out of proportion, and the reason this haplens is that there is no real issues to worry about.
legitster|1 month ago
The point of an economy is not to make a profit or collect currency. The point of an economy is to provide ourselves with goods and services.
Focusing all of our efforts on making things so that we can send them to other countries in exchange for pieces of paper is backwards.
imadierich|1 month ago
[deleted]