Americans need to re-industrialize our own nation.
Now.
We do not have a great deal of time. Forget about Obama. Think of global geo-politics.
Everyone on the world is increasing in productivity, and all the armies in the world are becoming more formidable.
Except America’s. Our industry is being off-shored, and our industry is being sold. Has been now for nearly 30 years.
One after another. Sold. Millions upon millions of formerly productive Americans, now unemployed and on government support.
Forget about Obama. Stop selling off American factories, and start bringing home American jobs once again.
Now.
The last election campaign featured great angst over the loss of manufacturing jobs. The number of U.S. manufacturing jobs has fallen, but it has little to do with outsourcing and a lot to do with technological innovation and its a worldwide phenomenon. During the seven years from 1995 through 2002, Drezner notes, U.S. manufacturing employment fell by 11 percent. Globally, manufacturing jobs fell by 11 percent. China lost 15 percent of its manufacturing jobs, and Brazil lost 20 percent. But guess what. Globally, manufacturing output rose by 30 percent during the same period. Technological progress is the primary cause for the decrease in manufacturing jobs. -Walter E Williams