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Wednesday, January 30, 2008

State of the US economy

From a posting by someone at Fleckensteincapital.com
Came across this paragraph in a Deutsche Bank report today and thought you'd enjoy it. The numbers are staggering and not a little ominous...

"On the political front, some noted the surprising focus on the manufacturing data given the change in the US economy, manufacturing had decreased to 15 pct of the workforce. The US now has more choreographers (16k) than metal casters. More people make a living shuffling cards (88k) rather than running lathes (66k) and there are three times the number of security guards than machinists (386k)."
So, let's see:
  more choreographers (16k) than metal casters
  more people make a living shuffling cards (88k) than running lathes (66k)
  three times the number of security guards than machinists (386k)

So much for the Clinton-Bush trade policies.

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