Good Post.
Thanks.
Not a single mention of the Big Labor’s hand in any of it. By the looks of this, manufacturing became uncompetitive because of the people that helped them finance their expansion, and NOT because DC liberals and their unions squeezed them out of existence.
Between the tort lobby, excessive regulation, and labor, manufacturing died. This jackweed is blaming Wall Street.
Rosie O’Donnel is going to blame the fact that she’s overweight on Wall Street next week.
There’s nothing of value in this teary elegy.
I’ve been in that business longer than Richard McCormack has been a writer, and it started well before George Bush took office.
Another jerkoff journalist who never walked the walk.
http://www.manufacturingnews.com/about/mccormack.html
“About the Founder and Publisher
Manufacturing & Technology News Editor & Publisher Richard McCormack created the publication in 1994. The paper is read by executives in industry, government and academia on five continents.
McCormack has spent 22 years in Washington, D.C., as a journalist covering science and technology, industry and government.
Prior to creating Manufacturing & Technology News, he was editor of High Performance Computing & Communications Week, a journal he created while at King Publishing Group in Washington, D.C. He covered the creation of the Internet.
He was the founding editor of New Technology Week in 1987.
He was editor of The Energy Daily in the mid 1980s.
McCormack has interviewed such people as Robert Noyce, inventor of the integrated circuit, Seymour Cray, inventor of the supercomputer and Edward Teller, inventor of the thermonuclear bomb.
Mr. McCormack has won numerous journalism awards for investigative, analytical and interpretive reporting. He has appeared on C-Span, CNN and PBS. His work has appeared in hundreds of publications.
McCormack is the 15-time winner of the National Press Club Golf Tournament. He coached the Annandale, Va. High School golf team for nine years.
You can place him on your editorial e-mail list for announcements, news events and story ideas:
editor @manufacturingnews.com. He can be reached by calling 703-750-2664. “
“Ethics, civics,” ?
Interesting read. I disagree with some of it, but agree with more than I thought I would. Thanks.
Loss of manufacturing jobs is world wide.
The US has lost far fewer tahn countries like Brazil and China.
Loss of manufacturing jobs is world wide.
The US has lost far fewer than countries like Brazil and China.
btt
Manufacturers weren't looking for a hand out or a bailout. They only wanted one thing: for the United States government to put the interests of American producers above the interests of foreign countries, foreign producers, importers and the multinational companies that were taking advantage of mercantilist practices in China. American manufacturers wanted the U.S. government to put the interests of American producers ahead of the law firms representing foreign shipping companies, the lobbyists representing Wall Street and, again, the multinational companies that were swimming in record profits by sending their production offshore; all while the critical manufacturing sector was left for dead. "Good riddance," said the financial elite and its power structure: "those jobs sucked anyway."
Typical socialist idiot blaming everyone and everything except the government. Countries cannot cheat at trade. It’s impossible. China simply didn’t implement the stupid policies that killed our manufacturing sector. And why would they after seeing what happened to us? Everything China is doing now we have done in the past and could do again.
Like I wasn’t already depressed.
Thanks though.
Give us a break. An example is the Corning plant obama is saying closed down and moved to China was CRT tv’s. Quality CRT TV's are a wast because they are done and dead. That is decades OLD technology. It deserves to die. CRT’s produce more harmful rays, use more electricity, and have a worse picture than LCD TV's and monitors.
Plants that close because they are manufacturing dead technology get no sympathy from me and I bet many of the closed plants were doing that.
“But the business press got bored and started covering the incredible run-up of housing prices”
Actually, they were praising “globalism” as a good thing. Liberals loved it because it made them feel like they are citizens “of the world.” Bush cannot do anything because the Chinese fund his tax cuts. Powell, Rice repeat the standard line that we will continue to allow China to cheat on the hopes they will change in the future.
I had a plant manager at GE who would be up against the wall for some reason or another and we would be falling over each other to help.
The man would come into the plant on his time off and bring coffee and pastries for the crew.
He knew how to communicate: "we sink or swim together."
Some managers get it.
Good job.
Prolly not going to happen. Finance, Education, Tax Policy, Environmental policy, Labor Policy — all of it is geared away from manufacturing & toward a service economy. Maybe if we had a 10-15 year recession/depression the next generation might straighten things out. But it will be a bumpy road getting there.
I have one word... union.
LLS
If you don’t compete you lose.
Yankeeland chose not to compete and is dying or already dead.
Meanwhile, East Tennessee is booming
I lay our decline to the environmental anarchists and excessive government regulation. I am afraid that our grandchildren will curse our names and spit on our graves.
The America that I knew is passing (has passed?) away. At one time Pennsylvania made more steel that any country in the world. The dollar was an iron man eagerly sought all over the world. And so on.
Much better to overhaul the insane legal system, break the unions Thatcher style, and cut corporate and capital gains taxes.
-ccm