Friday, June 10, 2011


 19 Facts About The Deindustrialization Of America That Will Blow Your Mind


> 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.
> If you disagree with this article, I have a direct challenge for you.
> If anyone can explain how a deindustrialized America has any kind of
> viable economic future, please do so below in the comments section.
> America is in deep, deep trouble folks.  It is time to wake up.


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