(no subject)

[mbarrick]

I just had a great converstion with the senior V.P. that has the office next to mine. He's been with the company since day-one in 1946, when he was an F.O.B. WWII refugee and helped build it up with the current owners' father. He and I were just talking about my topic du jour, the service industry vs. genuine industry. He's old enough to remember the shipyards on the north shore, the foundries and rail-yards around False-Creek, the south shore and Coal Harbour. He saw it and lived it and has the experience of building an industrial company. He knows the difference between a healthy economy that generates real wealth and "smoke and mirrors" (his term). There is nothing like talking about something with someone who knows from doing. It's inspiring.

Comments

Re: Service industry vs true indusrty

[seymour-glass.livejournal.com]

it's entirely true...we live in an economy that exports production and manufacturing jobs, as does our idiot neighbour to the south who champions that concept, and then imports those products for sale...the problem is the people buying those products were the ones who had the well paying manufacturing jobs...so now you have a bunch of useless products no one can afford, because someone slinging coffee can't afford a new car...and then the big ticket items suffer so in the name of more profit, because sales are down, they export more jobs to places where they pay low wages and yet even more people are left without jobs and can't afford said goods...but they just don't get the spiral only has one way to go and that's down to hell...it's pretty freakin' simple...and somehow they think the 'service' industries will make up for that, but they don't 'make' anything...yikes...i remember when false creek had all those old warehouses and docks...my dad used to deliver down there in the early 70s...it was a cool place to go...