Trade & U.S. De-Industrialization

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[central_va]

The United States is the very first “post-industrial” nation on the globe. All great economic empires eventually become fat and lazy and then squander their great wealth. However, the pace at which America has declined is beyond comprehension. Thousands of factories have closed and left the United States. The high paying manufacturing jobs are gone leaving the United States with over 92 million UNEMPLOYED citizens.

[central_va]

Here are some De-industrialization Facts:

1. The United States has lost more than 100,000 factories since 2000. Seventy-five percent of those factories employed in excess of five hundred people when they were still in operation.
2. Dell Inc., one of the U.S.’s largest manufacturers of computers, announced plans to dramatically expand its operations in Red China with an investment of over $100 billion over the next decade.
3. Dell also announced the closing of its last large U.S. manufacturing facility in Winston-Salem , North Carolina in November. Nine hundred jobs will be lost.
4. In 2008, 1.2 billion cell phones were sold worldwide. There are now NO cell phones produced in the U.S.
5. The latest study conducted by the Economic Policy Institute, 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 this year alone.
6. As of the end of July 2010, the U.S. trade deficit with China had risen 18 percent compared to the same time period a year ago.
7. The United States has lost a total of about 5.5 million manufacturing jobs since October 2000.
8. 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.
10. Ford Motor Company recently announced the closure of a factory that produces the Ford Ranger in St. Paul , Minnesota . Approximately 750 good paying middle class jobs are going to be lost because making Ford Rangers in Minnesota does not fit in with Ford’s new “global” manufacturing strategy.
11. As of 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.
12. In the United States today, consumption accounts for 70 percent of GDP. Of this 70 percent, over half is spent on services.
13. The United States has lost a whopping 32 percent of its manufacturing jobs since the year 2000.
14. In 2001, the United States ranked fourth in the world in per capita broadband Internet use. Today it ranks 15th.
15. Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.
16. Printed circuit boards are used in tens of thousands of different products. Asia now produces 84 percent of them worldwide.
17. The United States spends approximately $3.90 on Chinese goods for every $1 that the Chinese spend on goods from the United States.

18. The U.S. Census Bureau says that 53 million Americans now live in poverty and according to them that is the highest number of poor Americans in the years that records have been kept.

[central_va]

It it go time for the USA. We will not go quietly into the night.

[cowboyway]

The U.S. Census Bureau says that 53 million Americans now live in poverty and according to them that is the highest number of poor Americans in the years that records have been kept.

Socialism: redistributing the poverty.

[refermech]

Lee Iococca was right.

[Wolfie]

Beyond comprehension? Hardly. The people at the top decided they wanted it all, and took it.

[FreedomNotSafety]

Manufacturing output is nearly at a record high but it manufacturing jobs continue to decrease.

Voluntary unemployment is being fueled by government handouts and regulations like Obama care.

America is de-industrializing only in that it is not hiring people. The US government is the cause of that problem. I doubt that more laws by the same government will fix it.

If you waived a magic wand and sock manufacturing was forced back into the US there would be very few jobs added. Of course those few jobs would be high paying union jobs good for some more Dem votes.

[Redwood71]

That’s okay. If Obama continues to infiltrate our states with foreign “transplants,” you won’t have to worry about the farming of overseas jobs. They can just set up shop here using our equipment and save the shipping costs.
red

[central_va]

America is de-industrializing only in that it is not hiring people. The US government is the cause of that problem. I doubt that more laws by the same government will fix it.

Well since it wont make a difference then you win;t mind some really high tariffs then. Since it won't matter according to you.

[central_va]

Manufacturing output is nearly at a record high but it manufacturing jobs continue to decrease.

That's a really silly argument. How MUCH higher would it be if 100,000 factories that went overseas were still here?

[Pelham]

ping

[Pelham]

“The people at the top decided they wanted it all, and took it.”

But there is nothing to worry about. The people at the top still have their jobs.

[discostu]

A lot of them didn’t go over seas, a lot of them were just replaced with capacity here.

The fact is manufacturing is no longer a people employing industry. Not here. Not anywhere. Automated factories produce more with lower footprints and lower overall cost. Manufacturing jobs are disappearing globally and will not be coming back. Even if you bring back the factories the jobs will not return.

[central_va]

A lot of them didn’t go over seas, a lot of them were just replaced with capacity here.

Prove it, facts not BS.

[Wolfie]

I’m sure the “trickle down” will start any day now.

[bert]

Implicit in your statement is the assumption that companies that can’t sell their stuff would still be in business and in fact around to hire unneeded people

[discostu]

It’s already been proven. You acknowledged output is up. If output is up and factory quantities are down there’s a very simple piece of logic there.

Meanwhile the global manufacturing job market is shrinking:
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2320574

Factories are no longer a job source.

[central_va]

If output is up and factory quantities are down there’s a very simple piece of logic there.

Ok what is on all those container ships heading for the USA? Like I said output would be way up if the factories had not been off shored. Even Free Traitor™ morons can see that.

[discostu]

Who cares. Container ships aren’t in the equation.

It’s simple math:
N = number of factories
C = their average capacity
N * C = X aka total output

Now in 1999 they all had certain value which we can just subscript as 1, so 1999:
N1 * C1 = X1

Now for 2016 N2 is drastically less than N1, and X2 is drastically higher than X1, but the equation remains the same:
N2 * C2 = X2
Which means C2 could ONLY have ONE relationship to C1. It MUST BE HIGHER.

Output probably wouldn’t be up if the factories had stayed, because that would have been a bad economic decision and the companies would have gone bankrupt, which results in EVEN FEWER factories AND LOWER output. Even people who can’t complete a post without insults can see that.

Face it, the math doesn’t back you. Never has, never will. That’s why protectionists are spitting into the wind. You want up to be down, but up is always up.

[central_va]

Output probably wouldn’t be up if the factories had stayed, because that would have been a bad economic decision and the companies would have gone bankrupt, which results in EVEN FEWER factories AND LOWER output. Even people who can’t complete a post without insults can see that.

Probably? Ridiculous, the factory capacity was moved off shore and goods produced in those factories comes back in containers every single day. Explain that buckwheat.

[central_va]

We make no consumer electronics in the USA . Stick that in your formula machine and shove it pal. Formulas don’t work on non existent factories do they?