On the recordFebruary 14, 2012
You mentioned something that we actually talked about last week. I want to hand you this chart. If you would hold that one up there and let me go back to the microphone. You mentioned the effort that we made in the 2002 change from a manufacturing economy to what this chart calls a FIRE economy--finance, insurance, and real estate--a FIRE economy, one that collapsed because it was about manipulating money instead of creating mechanical engineers and chemical engineers and nuclear engineers. We created financial engineers. The result? Not good. The Great Recession. Please excuse me for interrupting.
