"10,000 years. . .10,000 years. . ."
Bai hua qi fang, bai jia zheng ming: A hundred flowers bloom, a hundred schools of thought contend
Comments on History, Politics, Society, and Culture
Tuesday, January 20, 2009
MORE PEOPLE EMPLOYED IN GOVERNMENT THAN MANUFACTURING
Look at the chart. My concern is that government employment doesn't create wealth. I know there is the argument that wealth is being produced by non-manufacturing sectors of the economy, but I am skeptical that a service-oriented economy can produce wealth. And I am not sure the technology start-ups are generating the kind of wealth necessary to keep a country's economy strong. Somehow wealth needs to be created to be taxed to pay for government workers.
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