Eugene David
...The One-Minute Pundit

Saturday, May 30, 2009


A new definition of the same old RENDELLISM from Bob Reich:

A growing percent of every consumer dollar goes to people who analyze, manipulate, innovate and create. These people are responsible for research and development, design and engineering. Or for high-level sales, marketing and advertising [!!!]. They're composers, writers and producers. They're lawyers, journalists [!!!!!], doctors and management consultants. I call this "symbolic analytic" work because most of it has to do with analyzing, manipulating and communicating through numbers, shapes, words, ideas.

TRANSLATION: We can replace all our manufacturing jobs with a twentieth of the numbers in health care, software and SHOW BIZ. Good luck!

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