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| subject: | Re: Another pinko view? |
From: "Robert G Lewis"
"Jeff Shultz" wrote in message
news:pan.2006.01.17.15.09.28.524587{at}shultzinfosystems.com...
> On Fri, 13 Jan 2006 22:03:54 +0100, Phil Payne wrote:
>
>> But the man's talking hard numbers:
>>
>> http://www.humaneventsonline.com/article.php?id=11488
>>
>> "This fact is made abundantly clear from the payroll jobs data over the
>> past five years. December's numbers, released on Jan. 6, show the same
>> pattern that I have reported each month for years. Under pressure from
>> offshore outsourcing, the U.S. economy only creates low-productivity jobs
>> in low-pay domestic services.
>>
>> Only a paltry number of private sector jobs were created -- 94,000. Of
>> these 94,000 jobs, 35,800 -- or 38 percent -- are for waitresses and
>> bartenders. Health care and social assistance account for 28 percent of
>> the new jobs, and temporary workers account for 10 percent. These three
>> categories of low-tech, nontradable domestic services account for 76
>> percent of the new jobs. This is the jobs pattern of a poor Third World
>> economy that consumes more than it produces."
>
> What is Great Britian producing? Other than politicians that to a
> wonderful cat imitation... on TV.
>
>
Here's a little on them
The UK, a leading trading power and financial center, is one of the quartet
of trillion dollar economies of Western Europe. Over the past two decades
the government has greatly reduced public ownership and contained the
growth of social welfare programs. Agriculture is intensive, highly
mechanized, and efficient by European standards, producing about 60% of
food needs with less than 2% of the labor force. The UK has large coal,
natural gas, and oil reserves; primary energy production accounts for 10%
of GDP, one of the highest shares of any industrial nation. Services,
particularly banking, insurance, and business services, account by far for
the largest proportion of GDP while industry continues to decline in
importance. GDP growth slipped in 2001-03 as the global downturn, the high
value of the pound, and the bursting of the "new economy" bubble
hurt manufacturing and exports. Output recovered in 2004, to 3.2% growth.
The economy is one of the strongest in Europe; inflation, interest rates,
and unemployment remain low. The relatively good economic performance has
complicated the BLAIR government's efforts to make a case for Britain to
join the European Economic and Monetary Union (EMU). Critics point out that
the economy is doing well outside of EMU, and they cite public opinion
polls that continue to show a majority of Britons opposed to the euro.
Meantime, the government has been speeding up the improvement of education,
transport, and health services, at a cost in higher taxes.
machine tools, electric power equipment, automation equipment, railroad
equipment, shipbuilding, aircraft, motor vehicles and parts, electronics
and communications equipment, metals, chemicals, coal, petroleum, paper and
paper products, food processing, textiles, clothing, and other consumer
goods
cereals, oilseed, potatoes, vegetables; cattle, sheep, poultry; fish
http://www.odci.gov/cia/publications/factbook/geos/uk.html#Econ
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