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19 Facts About The Deindustrialization Of America That Will Make You Weep [View All]

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NYC_SKP Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-07-12 08:31 PM
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19 Facts About The Deindustrialization Of America That Will Make You Weep
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Edited on Sat Jan-07-12 08:51 PM by NYC_SKP
Source: Business Insider

19 Facts About The Deindustrialization Of America That Will Make You Weep
Michael Snyder, The Economic Collapse | Sep. 27, 2010, 9:55 AM | 649,455 | 127

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 outproduce 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?

Read more: http://www.businessinsider.com/deindustrialization-fact...


Read more: http://www.businessinsider.com/deindustrialization-fact...



Good read.

Our number one export: trash to be recycled.

We are a nation of consumers, with no respect for craftsmanship, for arts, for simplicity, for local goods, for homemade goods, all we want is tons of cheap stuff made, and we don't seem to care where it comes from or the impact on people or environment.

Shame on us.
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