U.S. Economy Is Being Gutted
Hi yankee! You say gutted..haha, that funny...like fish!! We like gut fish too...You economy is good, hahah, you no worry...You buy some gut fish today, for only couple dollar...yumyum...Bye bye now!!
Posted on 02/14/2011 3:10:53 PM PST by UCFRoadWarrior
Once upon a time, the United States was the greatest industrial powerhouse that the world has ever seen. Our immense economic machinery was the envy of the rest of the globe and it provided the foundation for the largest and most vibrant middle class in the history of the world. But now the once great U.S. economic machine is being dismantled piece by piece.
The U.S. economy is being gutted, neutered, defanged, declawed and deindustrialized and very few of our leaders even seem to care. It was the United States that once showed the rest of the world how to mass produce televisions and automobiles and airplanes and computers, but now our industrial base is being ripped to shreds. Tens of thousands of our factories and millions of our jobs have been shipped overseas. Many of our proudest manufacturing cities have been transformed into "post-industrial" hellholes that nobody wants to live in anymore.
Meanwhile, wave after wave of shiny new factories is going up in nations such as China, India and Brazil. This is great for those countries, but for the millions of American workers that desperately needed the jobs that have been sent overseas it is not so great.
This is the legacy of globalism. Multinational corporations now have the choice whether to hire U.S. workers or to hire workers in countries where it is legal to pay slave labor wages. The "great sucking sound" that Ross Perot warned us about so long ago is actually happening, and it has left tens of millions of Americans without good jobs.
(Excerpt) Read more at theeconomiccollapseblog.com ...
Note that article length is long, and, I did not list any of the 21 signs the author mentions....you will have to read the article.
Note, also, I had to shorten article title as it was too long for posting....I ask the moderators to forgive me on this instance.
U.S. Economy Is Being Gutted
Hi yankee! You say gutted..haha, that funny...like fish!! We like gut fish too...You economy is good, hahah, you no worry...You buy some gut fish today, for only couple dollar...yumyum...Bye bye now!!
The other loser in the story was this line.
Did you know that China now has the world's fastest train and the world's largest high-speed rail network?
Isn't this the metric used by Commie Pinkos to judge if a society is advanced? Americans own cars and drive. The Chinamen live under a tyrannical regime that use them for slave labor to build these monuments to progress. This line alone sets the whole piece suspect.
The BlueGreen Alliance Foundation organization dedicated to research and education about the job-creating potential of global warming solutions and other environmental investments. BGAF works with the BlueGreen Alliance to achieve its mission. The BlueGreen Alliance is a national partnership of labor unions and environmental organizations dedicated to expanding the number and quality of jobs in the green economy, and includes the United Steelworkers, Sierra Club, Communications Workers of America, Natural Resources Defense Council, Service Employees International Union, Laborers’ International Union of America, Utility Workers Union of America, American Federation of Teachers, Amalgamated Transit Union and the Sheet Metal Workers' International Association.
Guess who wins
That being said, our trade and industrial policy clearly was formulated for us by multinational corporations that have no loyalty to our nation, but only to their bottom line. I wonder if there will come a time when they will find out that blood is thicker then dollars. Their blood. I doubt it. As the the saying goes, the end will come not with a bang, but with a whimper. That's how we are now. The smelly Egyptians have more fire in their belly than we do. Maybe things will be different if people start to go hungry. We've also become a net importer of foodstuffs.
Excellent observations and commentary.
p
Have you looked out your window lately?
Yes I have. 10 minutes ago. Snow is starting to disappear because we almost hit 50 today. It was awesome.
As for my comment I personally have a problem with the loss of jobs. I do not know how to go about reversing this. Rush read something that said an I-phone built 100% here would cost $1800. That isn't going to fly. I argued last week that Donald Trump might be fun for POTUS because of his aggressive stance on China. I am still getting hate posts for appearing to be pushing Smoot-Hawley. That is why I let that up to the reader to add their own conclusion.
The copper mines in the neighboring are starting up again and there are quite a few jobs but not very many are passing the drug test.
bflr
Are you serious? Well, if they're unemployed from a copper mine and doing drugs as well then they're not going to be applying for an engineering position, or any other position that requires an IQ above 75. I don't know from experience, but I think in Pennsylvania you don't have to prove you're looking for a job to continue receiving benefits. I guess that couch gets pretty comfy after a while.
That is what I was told by a guy who works there. The former employees that I know all got college educations that the mines paid for when they were laid off and they already have good jobs. I think the mine had a skeleton crew for about 12 years so most of those applying are newbies.
That is the statement of an idiot. Our industrial decline can be laid at the feet of the Democrat Party. It was long ago taken over by the Marxists and they immediately set about to slowly undermine and destroy this country. Their tools are taxes, labor unions, and government regulations that greatly increase the costs of doing business. Each of those can easily be expanded into pages of examples and explanations.
Despite all that we are still the largest manufacturer and leading technology developer in the world. Without them we could make China and other cheap-labor countries insignificant.
Ross Perot is a nut with a false reputation. He is not the super patriot everyone thinks. There was lots of talk at the time he ran that the Clintons would give him the contract to administer Hillary Care if he would run. He agreed but refused to spend any of his own money, instead asking the "volunteers" to do all the work and raise all the money. When it looked like GHW Bush was out of the picture Perot would drop out of the race. Then, Bush would make a comeback and Perot would get back in and syphon off some of his votes. What have you heard from him since? You good patriotic Americans were snookered. He was simply a greedy pawn of the Marxists Clintons. At least he didn't get Hillary Care because we defeated it.
The reality is, US manufacturers produce more, as measured in dollars, than China. And while China will soon surpass the US in manufacturing, China has four times the population.
What this alarmist attitude fails to grasp, is that there was never a time in US history where there wasn't globalization. Free trade has always been with us.
Europe, at one timee, complained of America's rise and the sucking sound of industries by the US. Yet, European nations are still industrial power houses.
Britain was once the industrial giant in the world, in the 19th century. And while others are now larger, Britain's overall industrial base and economy have never been larger, more modern and providing a standard of living that is currently the highest in her history.
There is no doubt, that by 2040/2050, China's industrial base will be several times larger than the US, no question about it. But that doesn't mean America won't have a multi trillion dollar industrial base. She will.
What IS happening, is that with the moving off of low tech manufacturing, it is pushing US manufacturers higher and higher in value. And it maybe to a point where is becomes unbearable or hectic and needs to be re-evaluated to give industries time to adjust. But to end free trade would be absurd.
Its also incorrect to assume our current financial crisis is due to trade. Keep in mind, America's worse financial crisis occured after the crash of 1929, when America's industrial base towered over everyone else and when America's auto industry manufactured more cars than the rest of the world combined.
What globalization does do, is change America's RELATIVE position in the world the way Britain's was. And that is the worst of it. Globalization transfer manufacturing and business know how to other countries so that they are able to modernize.
China recently surpassed Japan to become the world's second largest economy. Yet, the economic troubles in Japan has very little to do with China. And the standard of living in Japan is actually slightly higher today than in the 1980's. The same will be true of America when China surpasses the US in overall GDP in about 10 years. Americans will likely enjoy a slightly higher standard of living than today.
Despite the economic difficulties that exists today, it is not the end of America's golden age. It merely has to share the spotlight with others, and that is the only differnce today.
Trust me on this one, over the next two decades, Chinese investors will expand factories here in the US. This will demonstrate two things 1) US manfucturing will be alive and well. 2) Foreign bosses will no longer just be restricted to European and Japanese and now include the Chinese. And before you get too alarmed about that idea, American owners and bosses dot the globe, including many in China.
There is a tetonic shift going on in the globe (i.e., the rise of China), but the demise of US manufacturing is not one of them.
National progress for me would be a society where people are free to decide to live an 1hr and a half from work or be wise enough to live a reasonable driving distance. Why should I have to reach into my pocket to shuttle you and a select few to work for your comfort and ease. If you think your train pass will cover the operating expenses of this Magic Train, take a look at the books for Amtrak.
No one is forced to live where they live and work where they work...yet.
Have you ever heard of Matthew C Perry? He was an American admiral who, in the mid 1800's, is known for opening up Japan. Under force. And the rest, as we say, is history. Trade with Japan began to grow and exists to this day.
And have you ever heard of China's "Open Door Policy"? It was an agreement amongst Western powers that all nations amongst them have equal access to China without any of them colonizing China. This occured around 1899 or so.
My point in bringing these two subject up isn't to debate the right or wrongs of history. Rather, my point is that free trade was started, propogated and continues to this day by the Western powers. It seemed like a good idea at the time given that the Western powers towered over all others.
Many Asian nations (except Japan) as well as Latin American nations, didn't do so well back in the late 19th and early 20th centuries. However, in the post WWII period, Asia started to grow substantially. And more recently included China. It is only then, that people like yourselves began to complain of free trade. And act as though it is a recent event. But it is not. It has been with us for centuries. Actually, it has always been with us, it just has morphed into different settings depending on the century.
What you are really propagating is not the end of free trade, but the containment of countries like China.
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