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URL:  http://boards.fool.com/in-some-ways-you-wonder-if-a-country-is-like-a-27432816.aspx

Subject:  Re: OT: Man in the White Suit Date:  2/11/2009  8:34 PM
Author:  Lokicious Number:  25943 of 35367

In some ways you wonder if a country is like a company. It grows, gets more efficient, then gets to a size where further growth is difficult and often downsizes, goes out of business or just meanders.

The difference is a country does not need to grow profits. It needs to be more like a credit union that stays solvent.

I think it has been inevitable that this country would stop growing at the rate of a developing country, and much of the high growth beyond population growth has turned out to be smoke and mirrors. But it is possible to improve quality of life without people spending lots of money buying junk they can't afford. What improved productivity should do is allow us to have important things for less. I can think of a lot of things where we could have more for less. Energy efficiency. Health care. Home entertainment, if someone would do unto Comcast what was done unto ATT long distance.
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