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proverbialwisdom

(4,959 posts)
11. These tell a totally different story. I happened to come across both today.
Sat Dec 20, 2014, 09:44 PM
Dec 2014
http://www.nytimes.com/2014/12/19/opinion/your-waitress-your-professor.html

The Opinion Pages | OP-ED CONTRIBUTOR

Your Waitress, Your Professor
By BRITTANY BRONSON
DEC. 18, 2014

504 comments


http://therealnews.com/idirect.php?i=11839



Colonel Lawrence Wilkerson on TRNN
October 3, 2014


TRANSCRIPT EXCERPT

WILKERSON: No, it's not. The real economy in this country, though, has shrunken so dramatically since World War II--I show the stats to my students, and I usually use the CIA stats. I can't remember them precisely right now, but I can give you general idea. In 1945, we were about, oh, 25 percent or so services and about 60 percent or so what was called heavy, medium, or light industry, manufacturing mostly. It's completely the opposite today. It's about 11 to 12 percent manufacturing, and the latest stat--and this is a precise number from the CIA--76 percent services. So you don't have the same real economy, if you will, and you don't have the same GDP reflective of that real economy. And that's a very different economy to wage war under than the one we had when we entered World War II, for example. Very different. And you could say in some respects this shadow behind the power that makes money off war, period, no matter who's the belligerent, makes money off that volatility now, especially with computers that are able to assist them in doing so, like currency manipulation, for example, or just general speculation. With computers you can do it at lightning speed and you can do it in a nanosecond, and you can make billions in that nanosecond, and you don't care about what you're doing to the real economy, because you're raking in the dough.
Too bad that 80% of Americans will be told the opposite by the talking heads they listen to. loudsue Dec 2014 #1
Thanks for posting! BumRushDaShow Dec 2014 #2
Well, America's "resurgence" in Iraq is real. candelista Dec 2014 #3
OMG ... only 145,000 more to go!!!!!! JoePhilly Dec 2014 #5
Is that what you want? candelista Dec 2014 #16
No, and its not going to happen. JoePhilly Dec 2014 #17
Sorry, you are not a prophet. candelista Dec 2014 #19
bah humbug NewDeal_Dem Dec 2014 #4
If you understand economics ... JoePhilly Dec 2014 #6
I understand that median income is below what it was in 1989 and that despite this, NewDeal_Dem Dec 2014 #7
The overriding economic reaility RiverNoord Dec 2014 #8
Thanks for the explanation. (A new reality show should be coming out on the 1% Hoarders). appalachiablue Dec 2014 #13
"If you understand economics"! What a laugh! candelista Dec 2014 #20
More. proverbialwisdom Dec 2014 #15
We can only wish. Or momentary stability came from flooding the Stock Market with Trillions of doll newthinking Dec 2014 #9
I wish Munificence Dec 2014 #18
This message was self-deleted by its author 1000words Dec 2014 #10
I think the figure is 47 million children in poverty in the US, awful as that is. Bernie Sanders appalachiablue Dec 2014 #14
These tell a totally different story. I happened to come across both today. proverbialwisdom Dec 2014 #11
America is leading the rest of the world in containing the spread of Ebola? MattSh Dec 2014 #12
The US sent doctors and the military. PersonNumber503602 Dec 2014 #23
It's not real for the 99%. Odin2005 Dec 2014 #21
People will believe it . . . Brigid Dec 2014 #22
It is real.. I see this all over the place. Of course there's going to be those who see nothing but Cha Dec 2014 #24
Mahalo and Merry Christmas to you Cha cal04 Dec 2014 #25
cal.. Cha Dec 2014 #26
"Pick any metric you want.." Alkene Dec 2014 #27
This message was self-deleted by its author 1000words Dec 2014 #28
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