jamesvaikom
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Re: The scariest docu on the post-industrial American economy you will
According to you 1000 people need 960 workers. But what about consumption of these 1000 people? Our trade deficit is increasing due to our increase in imports. If we spend more money for imported commodities like oil then we will be forced to reduce spending money for physicians, nurses etc. Population growth is creating only slaves. Foreigners come here for tourism. For them tourism is for fun and not necessity. But for us tourism is necessity because we need money. We go abroad for job. For us job is necessity. So in both cases foreigners are our masters. We import commodities like oil from abroad. As oil is necessity for us foreign oil companies don't have to bent towards us to sell their oil.
In a democratic country Govt. can do only what majority people thinks good for them.That is because US economy is very efficient , while ours is not, thanks to our Ungle Nehru's license raj!
Understand this little explanation. A society with a population of 1000 will need 1 physicians, 1 nurse, 200 traders, 200 workers, 10 farmers ,10 soildiers- so on and so forth and will have a unemployed numbers at 40!(4%). Now a Population of 1000000000(India) will need 10000000 physicians , 1000000 nurses, 200000000 traders, 200000000 workers, 10000000 farmers and 10000000 soldiers and so on and so forth, with a corresponding un-employment of 4%, provided, same economic efficiency is maintained as in the case of 1000 people society. Now which of the two economies/society will be stronger?
According to you 1000 people need 960 workers. But what about consumption of these 1000 people? Our trade deficit is increasing due to our increase in imports. If we spend more money for imported commodities like oil then we will be forced to reduce spending money for physicians, nurses etc. Population growth is creating only slaves. Foreigners come here for tourism. For them tourism is for fun and not necessity. But for us tourism is necessity because we need money. We go abroad for job. For us job is necessity. So in both cases foreigners are our masters. We import commodities like oil from abroad. As oil is necessity for us foreign oil companies don't have to bent towards us to sell their oil.