LogFAQs > #708185

LurkerFAQs ( 06.29.2011-09.11.2012 ), Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
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TopicHypothetical: if Ron Paul DID become president...
red sox 777
01/25/12 10:42:00 PM
#57:


I mean GDP, yeah. I don't like how the US economy is becoming more and more service based either, but we can take some solace that the goods we do have are good ones to have, I think. The US has 3 main exports for goods: Food, natural resources, and technology. All 3 of these will be even more important in the future, and are hard to replicate. Any poor country in Africa can undercut China's prices for manufacturing, but it's much harder to do with new technology creation, and impossible to do with natural resources.

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