Deindustrialization of America
The United States is rapidly becoming the very first “post-industrial” nation. All great economic nations eventually become fat, lazy and waste the wealth previous generations left them. The pace at which America is becoming a Socialist nation is unbelievable. America was the leader of the industrial revolution.
Americans showed the world how to mass produce everything from automobiles to televisions to airplanes. It was the great American manufacturing base that defeated Germany and Japan in World War II.
Tens of thousands of factories have left the United States in the past decade alone. Millions upon millions of manufacturing jobs have been lost in the same time period. The United States has become a nation that consumes everything in sight and yet produces less each year. Our biggest export today is waste paper. Yes, trash is the number one thing that we ship out to the rest of the world as we spend our money on whatever the rest of the world wants to sell to us.
At one time Americans could literally out produce the rest of the world combined. Today we consume more than anyone else in the world.
Every great nation throughout history has been superior at making “things”. We have created the biggest debt bubble in the history of the world. Progressives and unions have demanded a standard of living for every American that is impossible to maintain when we have 9% unemployment and over 40 million people on welfare.
Why? Look over the 18 following specific events that should wake up every American, and hopefully union members, to force our President and Congress to stop the eternal election cycle and do something “NOW”
#1 The United States has lost approximately 42,400 factories since 2001. About 75 percent of those factories employed over 500 people when they were still in operation.
#2 Dell Inc. (computers) has announced plans to dramatically expand its operations in China with an investment of over $100 billion over the next decade. They will close the last large U.S. manufacturing facility in North Carolina in November and 900 jobs will be lost.
#3 in 2008, 1.2 billion cell phones were sold worldwide. Guess how many of them were manufactured in the United States? None.
#4 According to the Economic Policy Institute, if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half a million jobs in 2011.
#5 By the end of July, 2011, the U.S. trade deficit with China had risen 18 percent compared to the same time period a year ago.
#6 The United States has lost a total of about 5.5 million manufacturing jobs since October 2000.
#7 According to Tax Notes, between 1999 and 2008 employment at the foreign affiliates of U.S. parent companies increased an astounding 30 percent to 10.1 million. During that exact same time period, U.S. employment at American multinational corporations declined 8 percent to 21.1 million.
#9 In 1959, manufacturing represented 28 percent of U.S. economic output. In 2008, it represented 11.5 percent.
#9 Ford Motor Company announced the closure of a factory that produces the Ford Ranger in St. Paul, Minnesota. Approximately 750 middle class jobs will be lost because making Ford Rangers in Minnesota does not fit in with Ford’s new “global” manufacturing strategy.
#10 By the end of 2009, less than 12 million Americans worked in manufacturing. The last time less than 12 million Americans were employed in manufacturing was in 1941.
#11 In the United States today, consumption accounts for 70 percent of GDP. Of this 70 percent, over half is spent on services.
#12 The United States has lost 32 percent of its manufacturing jobs since the year 2000.
#13 In 2001, the United States ranked fourth in the world in per capita broadband Internet use. Today it ranks 15th.
#14 manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.
#15 Printed circuit boards are used in tens of thousands of different products. Asia now produces 84 percent of them worldwide. We manufactured 100% at one time.
#16 The United States spends approximately $3.90 on Chinese goods for every $1 that the Chinese spend on goods from the United States.
#17 One prominent economist is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040.
#18 The U.S. Census Bureau says that 43.6 million Americans are living in poverty and that is the highest number of poor Americans in the 51 years that records have been kept.
Unions, progressive politicians and greed have created this unfortunate loss. Our government is now creating totally new regulations to force all industry to be unionized. Other than union members how many other Americans agree that unionizing everything will accelerate job growth?
HAPPY LABOR DAY TO ALL UNION MEMBERS. You have just about eliminated your future. Those cushy pensions and out of control wages and benefits you demanded will dry up the money well, it’s just a matter of time so hurry up and dig your own grave.
Please share this with everyone you know. C Brewer