Skip to comments.Obama's Takedown of Industrial America
Posted on 10/09/2010 12:54:51 AM PDT by Ronbo1948
Obama's industrial policy is designed to make America non-competitive in the world economy, destroy millions of jobs, and devastate our manufacturing and industrial capacities. No one will want to invest here, and fewer and fewer U.S. companies will be exporting goods "Made in America." And we have a fierce competitor called China.
How far down this road we already are can be seen in the following data:
During this ten-year period, total exports from the United States to China totaled $424 billion, while exports from China to the United States totaled $2.163 trillion, resulting in a U.S. net trade deficit with China of $1.793 trillion. A symbol of China's takeover of manufacturing is Wal-Mart, one of the largest U.S. importers of Chinese-made goods.
... US based Wal-Mart was responsible for $27 billion dollars in U.S. imports from China in 2006 and 11% of the growth of the total U.S. trade deficit with China alone eliminated nearly 200,000 U.S. jobs in this period.
(Excerpt) Read more at americanthinker.com ...
TAKE THE POLL: http://ronbosoldier.blogspot.com/
Now, there is already no ‘industrial America’. Go to any store, Walmart, Target, any of them and try to find one single thing that is made in America. I can tell you, you will find nothing there from America.
Every single thing has been shipped. We don't even make our own military equipment. What could be more stupid than that?
You aren’t much of a thinker Mr Sauer.
Obama has been in office for less than two years but America hasn’t produced much in 15-20 years.
Remember when someone found out that all the American flags in the White House were all made in China. Insanity.
Any country that cannot even produce their own national flags...well, as I said, Insanity.
It makes no sense. Nothing makes any sense anymore.
Including the ships they are shipped on...
Granted, the de-industrialization of America has roots going back decades, however, Obama has put it on warp drive.
Clearly, this is odious treason of the first order and Obama should answer for it in a court of law.
Not true...America is still the number one manufacturing nation in the world.
Check it out.
But it is true unless the USA reverses course by 2025 we will lose our lead to China.
USA still number one manufacturing country:
The world’s top manufacturing country is the United States, as has been the case since before WWII. In 2007, the United States’ manufacturing output was $1.831 trillion US Dollars (USD). This is about 12% of the USA’s entire GDP (Gross Domestic Product), or $12,206 USD for every person in the 150 million-strong labor force. Still, the USA’s output per capita is not the world’s greatest among manufacturing countries — that honor goes to Japan. Important goods manufactured in the United States include, in order of percentage of exports in 2007: production machinery and equipment, 31.4%; industrial supplies, 27.5%; non-auto consumer goods, 12.7%; motor vehicles and parts, 10.5%; aircraft and parts, 7.6%; food, feed and beverages, and 7.3%; and other, 3.0%.
In 2007, the top manufacturing countries besides the United States were China ($1,106 billion USD), Japan ($926 billion USD), Germany ($670 billion USD), the Russian Federation ($362 billion USD), Italy ($345 billion USD), the United Kingdom ($342 billion USD), France ($296 billion USD), South Korea ($241 billion USD), Canada ($218 billion USD), Spain ($208 billion USD), and Brazil ($206 billion USD). There is also a general correlation between how much a country manufactures and its total GDP. Depending on the percentage of their total economy taken up by manufacturing, a country’s economic and political leaders may wish to take steps to adjust accordingly. For instance, the USA has been losing substantial ground to China in recent decades, meaning that US political leaders have an interest in increasing the total percentage of the country’s GDP dominated by manufacturing.
Yes, it does make sense - from Obama’s point of view, that is - the viewpoint of the most dangerous traitor in American history - the viewpoint of a psychopath with an intense hatred for the United States who carries a list of “things needed to be done in order to destroy the Republic” in his pocket.
Obama is quite proud of his success...Did you read the Rolling Stones article?
There are two factors in play right off the top of my head. First is that every country would like to manufacture their own goods and export if possible. Yes,we had a lead but its unreasonable to think we could hold the share we used to have.
One of the reasons for the process accelerating,apart from government policy,is of course wages. Much of what we used to ship out,such as autos,were made non competitive by union labor.
The first is difficult to deal with. One nation will have to constantly create the new,the best and even the cheapest products in order to be the biggest manufacturer. There’s no reason to manufacture more than you can sell after all and its a global marketplace. The second issue of wages,which is being dealt with in some small measure now still needs much work. However,the more automated a process becomes,the less need for skilled labor and that’s a pathway we’ve been going down for a long time as well.
A tough thorny issue and one that’s tied up with so many factors that a quick solution seems improbable.
Clinton signed NAFTA it into law on December 8, 1993; it went into effect on January 1, 1994.
Remember during the campaign Perot was yelling about the 'sucking sound' of our jobs being lost to foreign nations.
All the Dems were for it. Who would be stupid enough not to know that exporting our jobs would be bad for us?
We've been hemorrhaging jobs to foreign nations like Communist China ever since.
For those enterprises that made the move overseas right away, there was nothing but exorbitant profits to be made. What could be better for a typical American manufacturer? You get to avoid all U.S. payroll taxes, worker's compensation costs and environmental regulations and hurdles. You no longer have to deal with unions and provide employee benefits like health insurance and retirement plans. You get to manufacture in China, Indonesia and similar foreign nations to your heart's content.
On October 10, 2000, Clinton signed into law the U.S.-China Relations Act of 2000.
He is responsible for China's rise as a militant, nuclear armed threat to the United States. China has grown from an agrarian backwater into the world's third largest economy on Clinton's watch.
With their new wealth, China has sought military parity with the United States. They have been aided by President Clinton and corporate America. US companies spent over 100 million dollars lobbying congress to pass the China Relations Act. Most of that money went to buy congressional votes with campaign donations.
A few American stockholders have profited immensely from modernizing China's armed forces. Still more US companies have built factories in China. These factories and plenty of cheap, docile labor earn huge profits for these investors. Protecting these profits was Clinton's China policy.
For Americans in general, the solution to this impending disaster is to reverse and cancel NAFTA/GATT immediately, restore our tariff and trade restrictions and set a rule that those manufacturers who want to sell to Americans had better plan on moving back to manufacture in America.
You could argue that this has been going on in some form since the Marshall Plan. Economic support & “Free Trade” were important components of the US Security Umbrella.
Well, the only logical way to answer that...is to say...every politician who has every existed in the last 30 years. I guess?
There has to be big money and big corruption involved somewhere. I don't know what the hell is going on. But I do know, whatever it is, It is BIG.
You’re talking about maybe 20% of the population who are worthless parasites and enemies dragging the country down.
They can always be kicked off the bus...or thrown under it.
You mean, “THE NOVEMBER REVOLUTION WITHOUT GUNS.”
The guns come out on July 4, 2011 if nothing changes...
That's the only solution that will work to get us back on track...
A little correction is due tho...It was daddy Bush who organized the Nafta deal...Clinton was the one who signed it...Clinton was against it while he was campaigning...Apparently some one told him that to be given the wand, he'd have to change his tune...And he did...
It was the little Bush who pushed thru and signed up China to the WTO...
With Republicans in charge thru the upcoming elections, things will not change in Washington...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.