The United States is rapidly becoming the very first post-industrial nation in the world.
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. However, now we are witnessing the deindustrialization of America. The United States is a nation of consumers and not producers.
The United States has become bloated and spoiled. Our economy is now just a shadow of what it once was. Once upon a time, America could outproduce the rest of the world combined.
The deindustrialization of the United States should be a top concern for everyone. However sadly, most Americans do not have any idea of what is going on around them.
The author of this article lists the following 19 facts about the deindustrialization of America:
#1. The United States has lost approximately 42,400 factories since 2001.
#2. Dell, one of America’s largest manufacturers of computers, has announced plans to dramatically expand its operation in China with an investment over USD100 billion over the next 10 years.
#3. Dell has announced that it will be closing its last large United States manufacturing facility in Winston-Salem, North Carolina. Approximately 900 jobs will be lost.
#4. In 2008, 1.2 billion cell phones were sold worldwide. Not one was made in the United States.
#5. According to a study conducted by the Economic Policy Inst., if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half 1 million jobs this year alone.
#6. As of the end of July, the United States trade deficit with China had risen 18% compared to the same period one year ago.
#7. The United States has lost a total of 5.5 million manufacturing jobs since October 2000.
#8. According to Tax Notes, between 1999 in 2008 employment at the foreign affiliates of United States parent companies increased 30% to 10.1 million jobs. During that exact same., United States employment at American multinational corporations declined 8% to 21.1 million.
#9. In 1959, manufacturing represented 28% of the United States economic output. In 2008, it represented 11.5%
#10. Ford Motor Company recently announced the closure of a factory that produces the Ford Ranger in St. Paul, Minnesota. Approximately 750 jobs were lost because Minnesota does not fit into 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% of GDP. Of this 70%, over half is spent on services.
#13. The United States has lost 32% 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 United States computer industry is actually lower in 2010 than it was in 1975.
#16. 84% of all printed circuit boards, which are used in tens of thousands of different products, are produced in Asia.
#17. The United States spends approximately $3.90 on Chinese goods for every $1.00 at 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 United States economy by the year 2040.
#19. United States Census Bureau says that 43.6 million Americans I 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. Although, a poverty level American is still richer than over half of the middle class in the rest of the world.
The deindustrialization of America is a national crisis and it needs to be treated like one.
Being energy dependent is also a matter of national security. Therefore, the United States must open up all of its lands to oil exploration and drilling. The United States must build many more refineries. The United States must use its massive coal reserves to produce inexpensive energy. The United States must build many more nuclear power plants. The United States must dismantle the Environmental Protection Agency.