Sunday, August 19, 2012

The U.S. is Happy to Serve You

One of the most under-reported stories these days is the rapidly burgeoning trade SURPLUS that the U.S. is currently racking up in services. Yep, that's right, the U.S. presently (2010) has a 144 billion dollar trade surplus with the rest of the world and, man, is it ever growing rapidly (up 92% from the 75 billion dollar figure of 2000).............................................................................................So, what exactly are these services that we're presently exporting? The major ones are legal services, medical services (doctors, nurses, and therapists can actually do procedures now using a joystick on people thousands of miles away), management services, architecture, financial services, entertainment (movies and television), patenting, and educational services..............................................................................................And, yes, to his credit, the President has opened up a lot of these opportunities through his free-trade agenda. Coupling this policy initiative with an ever expanding technology that allows for such off-site work opportunities, the benefit to the U.S. could in fact be inordinate................................................................................................The key, of course, is getting American workers the proper training to fulfill these positions of doctors, lawyers, nurses, therapists, paralegals, accountants, film-making personnel (camera people, cinematographers, hair and make-up people, lighting specialists, sound people, special effects people, animators, set designers, screen-writers, production assistants, stunt coordinators, costume designers, film editors, digital imaging technicians, etc.), teachers, architects, MBAs, etc.. Here's to hoping that Mr. Obama has a trick or two up his sleeve on this one, too.

2 comments:

BB-Idaho said...

Agricultural exports
have been at record highs as well.

Will "take no prisoners" Hart said...

And aren't we even exporting oil now, too?......Man, is it ever good to have some decent news for a change.