Tuesday, May 17, 2011

A More Serious Posting......

.......I get so much via E-mail.....this one actually hits my current, unspoken concerns.....

Here's an except from an interesting article. I wanted to give everybody something to worry about other than the claim that the world is coming to an end next week. Wollf......

"The United States is rapidly becoming the very first "post-industrial"
nation on the globe. All great economic empires eventually become fat
and lazy and squander the great wealth that their forefathers have
left them, but the pace at which America is accomplishing this is
absolutely amazing. It was America that was at the forefront of the
industrial revolution. It was America that showed the world how to
mass produce everything from automobiles to televisions to airplanes.
It was the great American manufacturing base that crushed Germany and
Japan in World War II.

But now we are witnessing the deindustrialization of America . 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 increasingly
little. Do you know what our biggest export is today? Waste paper.
Yes, trash is the number one thing that we ship out to the rest of the
world as we voraciously blow our money on whatever the rest of the
world wants to sell to us. The United States has become bloated and
spoiled and our economy is now just a shadow of what it once was.
Once upon a time America could literally out produce the rest of the
world combined. Today that is no longer true, but Americans sure do
consume more than anyone else in the world. If the
deindustrialization of America continues at this current pace, what
possible kind of a future are we going to be leaving to our children?

Any great nation throughout history has been great at making things.
So if the United States continues to allow its manufacturing base to
erode at a staggering pace how in the world can the U.S. continue to
consider itself to be a great nation? We have created the biggest
debt bubble in the history of the world in an effort to maintain a
very high standard of living, but the current state of affairs is not
anywhere close to sustainable. Every single month America goes into
more debt and every single month America gets poorer.

So what happens when the debt bubble pops? The deindustrialization of
the United States should be a top concern for every man, woman and
child in the country. But sadly, most Americans do not have any idea
what is going on around them. For people like that, take this article
and print it out and hand it to them. Perhaps what they will read
below will shock them badly enough to awaken them from their slumber.

The following are 19 facts about the deindustrialization of America
that will blow your mind....

#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., one of America 's largest manufacturers of computers,
has announced plans to dramatically expand its operations in China
with an investment of over $100 billion over the next decade.

#3 Dell has announced that it will be closing its last large U.S.
manufacturing facility in Winston-Salem , North Carolina in November.
Approximately 900 jobs will be lost.

#4 In 2008, 1.2 billion cell phones were sold worldwide. So how many
of them were manufactured inside the United States ? Zero.

#5 According to a new study conducted by 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 this year alone.

#6 As of the end of July, 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 One prominent economist is projecting that the Chinese economy
will be three times larger than the U.S. economy by the year 2040.

#19 The U.S. Census Bureau says that 43.6 million Americans are now
living in poverty and according to them that is the highest number of
poor Americans in the 51 years that records have been kept.

So how many tens of thousands more factories do we need to lose before
we do something about it? How many millions more Americans are going
to become unemployed before we all admit that we have a very, very
serious problem on our hands?

How many more trillions of dollars are going to leave the country
before we realize that we are losing wealth at a pace that is killing
our economy?

How many once great manufacturing cities are going to become rotting
war zones like Detroit before we understand that we are committing
national economic suicide?

The deindustrialization of America is a national crisis. It needs to
be treated like one.

By the way, if...I mean IF, those dear folks that think they know when the End of Times is nigh are right...... disallow the aforementioned script.

Those of us who will arise, don't have to worry.

Those of us who don't...... well, I'm Christian, but not so good....look for me. I'll be the "Gentle Warlord"........



K T Cat said...

Are you willing to be paid less and have fewer labor and environmental regulations? That's what it's going to take to fix this.

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