Posted on 01/09/2012 7:05:57 PM PST by chessplayer
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.
The United States has become a nation that consumes everything in sight and yet produces increasingly little.
(Excerpt) Read more at businessinsider.com ...
Yea if only Americans would work10 hrs a day 6 days a week for 1.00 a hour Industry would come back
That’s the trouble with long lists of credits; you’re bound to miss someone. Well, thanks for catching those oversights. You’ve a very keen eye (and a good memory!).
This was a parking lot, now it’s covered in daisies.
I’m sorry, but the “article” has about as much depth of economic analysis as Obama, and despite portraying the “job losses” as due to globalization, and in particular to China’s policy of keeping the yuan artificially undervalued, is really complaining, like Obama lamenting the displacement of bank tellers by ATMs, about job losses to technological advance. The U.S. is still the world’s largest manufacturer in terms of output, even if not in term of number of persons employed in manufacturing.
“Deindustrialization” by automation is an absurdity, but that is what is being claimed: because fewer people in percentage terms are employed in manufacturing, America is “deindustrialized”. Rubbish!
The logical end of the process is in sight: when everything can be made by 3D-printers, there will be no manufacturing jobs at all, but we will still manufacture lots of stuff. We can debate the virtues of the Luddite position of keeping needless manufacturing jobs in existence, and there may actually be some. I just found my old copy of Charles Murray’s The Bell Curve, and one of its points that was lost in the attempts to vilify him for racism was the problem of what society should do when all the jobs that stupid people can do are done by machines.
“I miss the honkey tonks, The Dairy Queens and 7-Elevens,( you got it .. you got it..)If this is Paradise, I wish had a lawn-mower,/( you got it.. you got it..) / “Don’t leave me standing here/ I can’t get used to this lifestyle!!!’’
“Of course the cost of energy will necessarily skyrocket”. He told us plain as day what he was going to do. Too bad the MSM didn’t report any of it and I had to learn it from Glenn Beck a year after the election.
The MSM are Public Enemy #1.
Absolutely. Without them, the "Progressives" wouldn't stand a chance.
Most of the collapse in manufacturing has been post-2000.
Hmm, I wonder who was president from 2000 to 2008, presiding over this collapse. Anyone? Bueller?
Not dying, but suicide. This was predicted by Tyler a long time ago in his now infamous quote:
A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.
The average age of the worlds greatest civilizations from the beginning of history, has been about 200 years. During those 200 years, these nations always progressed through the following sequence:
From bondage to spiritual faith;
From spiritual faith to great courage;
From courage to liberty;
From liberty to abundance;
From abundance to complacency;
From complacency to apathy;
From apathy to dependence;
From dependence back into bondage.
He knew this in 1787. There is nothing new under the sun. This was baked into the cake and has gone on like Clockwork. America is committing suicide, right on schedule. I pray I will not be around to see it.
China is the master of it, and ruthless to boot. They deserve to be kicking our asses. We were pretty ruthless for a while, then got soft. China is absolutely ruthless, from piracy to fraud. They really know how to come out ahead.
>> The United States has become a nation that consumes everything in sight and yet produces increasingly little.
Leftwing bullcrap.
“That’s the trouble with long lists of credits; you’re bound to miss someone. Well, thanks for catching those oversights. You’ve a very keen eye (and a good memory!).”
You’re welcome - we try to help each other out.
Not dying, but suicide. This was predicted by Tyler a long time ago in his now infamous quote:
A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.
The average age of the worlds greatest civilizations from the beginning of history, has been about 200 years. During those 200 years, these nations always progressed through the following sequence:
From bondage to spiritual faith;
From spiritual faith to great courage;
From courage to liberty;
From liberty to abundance;
From abundance to complacency;
From complacency to apathy;
From apathy to dependence;
From dependence back into bondage.
He knew this in 1787. There is nothing new under the sun. This was baked into the cake and has gone on like Clockwork. America is committing suicide, right on schedule. I pray I will not be around to see it.
I am very familiar with this, FRiend.
I am going to be 61 in Feb. and am afraid I will see some ugly things. I mostly fear for my 2 year old grandson.
“Yea if only Americans would work10 hrs a day 6 days a week for 1.00 a hour Industry would come back”
I guess if you prefer people worth that wage to be on welfare, that’s your call. I prefer to have people work for what they’re worth...and I doubt very many are worth that little, or that’s what Illegals would be paid (rather than the $10 to $15 per hour they make in unskilled construction here in Texas).
I am 53 years old and indescribably grateful I was not born later.
I grieve for your 2 year old. I can’t imagine enduring the future decades.
I pray something will change to restore liberty, privacy, and opportunity to future generations of Americans, because that is really all I have left to do. To pray.
Look how we are having yet another free-spending big-government RINO shoved down our throats and the only option against him will be to re-elect Obama.
We are doomed and I grieve for your 2 year old grandchild and all who follow. Words can’t describe my anger, frustration and grief over losing my beautiful free nation to greedy pigs, slackers and communists.
Words can’t describe my anger, frustration and grief over losing my beautiful free nation to greedy pigs, slackers and communists.
Very well said, FRiend and fellow American..
Ahh. The voice of sanity.
“I live in NY State and no one in their right mind would open a factory here.”
You aren’t just whistlin’ dixie!
There was a food processor in Wayne County that closed up its NON UNION factory a year or two ago, and moved production out of state to a UNION plant because it was cheaper to produce there!
You know it’s bad when a union plant in another state is less expensive to run than a non-union plant here in NY.
Government is the problem. Not the answer.
Only if mercantilism works. Yes, I'm referring to mainland China. Their industrial sector is on amphetamines thanks to that currency manipulation. Because of the way the People's Bank of China is set up, the massive U.S. dollar reserves are part of the monetary base. In other words, those funds can be used to inject more yuan into the Chinese economy. Result: inflation.
In a mercantilistic economy like mainland China's, the inflation takes the form of capital-goods inflation. More machinery and factories are built than are needed. This is the worst kind of inflation, long-term, because it looks self-sustaining. In fact, it leads to an overproduction crisis.
Once the bubble bursts, China's going to be hit much harder than the States. Their economy will come close to collapsing in a deflationary depression, which Japan's came close to doing in the last two decades.
Speaking of Japan, the free traders missed the ball. They should be saying, "That's what you get for mercantilism: the Lost Decades. You can 'thank' your government's industrial policy for the mess you're in."
When you look at it this way, foreign aid acts as an international set-aside program for world labour. People given fish don't compete with fish sellers. It has the effect of running local fish-sellers out of business, but it also has the effect of protecting fish-sellers in developed economies.
Sorry to take the dark view...
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