The downfall of the US economy`s paper industries may be a good thing in the long run. We don`t make anything anymore , and in the services or high-tech fields , we are being beat out by foreign companies. We produce nothing of value , instead we have created industries that take slices out of anything of potential value .
F-I-RE - Financial , Insurance and Real Estate have all taken a hit . I`d like to include Lawyers , another group that generally eats up value.
Finally , advertising and marketing and PR has taken its hits as well , as returns on these products have dropped , many business and industries are in the process of restructuring or folding. Well , thats good too. It seems that most companies , instead of producing a better product , would rather spend the money creating better marketing that convinces the consumer its products are the best they can be.
Many well schooled people are out of work and are looking at new ways to make close to the kind of money those industries offered them. Many are looking into entrepreneurial paths , hopefully to spark the next good idea that can increase our standards of living which has been in decline despite steady technological advances.
The internet serves up all kinds of HOT JOBS lists and at the top of all these lists are specialists in Science , Engineers of all kinds , Bio-Tech , and anything in the health industry.
There are many students in top colleges , rethinking their transfers to high finance and other such dying industries and returning to the core studies of math and science that produce the leaders of fields that may be able to solve some of our most problematic issues such as our crumbling infrastructure , health care , global warming , energy dependence. Maybe , the next generation can lead America back to the top in manufacturing and services.
Or maybe the decline and fall is inevitable.
No comments:
Post a Comment