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URL:  https://boards.fool.com/the-new-quotnon-bluequot-economy-30525115.aspx

Subject:  The new "non-blue" economy Date:  2/5/2013  7:43 AM
Author:  Calabogie Number:  415092 of 547234

http://blogs.the-american-interest.com/wrm/2013/01/30/life-a...

"The new jobs will be different from the old jobs, and this is one of the reasons many fear the economic transition we’re in. There are a lot of people on both the right and the left who think that in a country that doesn’t “make stuff” there won’t be any jobs. If it isn’t a widget that you can grab in your hand and do something with, it isn’t real. This is nonsense. Two hundred years ago people thought that the only real jobs involved growing food, and that people who made non-necessary consumer goods were engaged in a socially parasitic activity. Nobody in 1800 could have imagined the plethora of manufactured goods that gave people jobs once the industrial revolution took hold: mass produced Elvis on velvet portraits? Fuzzy dice to hang from car mirrors?"

The author is looking at the transition from a "blue collar society" to something new and different. It's an interesting read and I must say I agree with some of his conclusions. Worth the read even if you disagree as it addresses something that is happening in the world economy and how people are handling (or not handling) it.

Calabogie
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