More proof why it is not China, Mexico, or the Man in the Moon that is the cause of our lack of international competitiveness.
The anti-business, mostly unconstitutional totalitarian Federal Government who protects and mandates union membership is the REAL root cause of our industrial and manufacturing difficulties.
Wish we could not only send every one of these phags to Canadia, but French Canadia
Unions don’t stop Germany from being an industrial powerhouse. It isn’t that simple. U.S. industrial output is 2.5 times that of Germany and double Japan.
And we are not “uncompetitive” internationally. U.S. industrial firms dominate the global markets in many categories. Examples follow.
Caterpillar Inc. is the world’s largest manufacturer of heavy construction equipment.
Deere Inc. is the world’s largest manufacturer of agricultural equipment.
U.S. firms dominate the global market for helicopters.
U.S. firms dominate the market for military equipment.
U.S. firms dominate 50% of the global market in semiconductors and 50% of the market for machines to make semiconductors.
U.S. firms dominate the market for IT and software.
U.S. firms are the world leaders in biotechnology and biomedicine.
U.S. firms dominate the market for aerospace equipment.
U.S. firms dominate the market for space satellites.
U.S. firms dominate the market for scientific laboratory machines.
U.S. firms dominate the market for plastics and polymers.
U.S. firms dominate the market for small boats.
U.S. firms dominate the market for medical equipment and apparatus and equipment.
U.S. firms are the world’s largest manufacturers of recreational vehicles such as campers and motorhomes.
U.S. firms rank near the top in chemical production and exports.
U.S. firms control most of the intellectual rights on new medicines and rank as one of the world’s largest producers and exporters of pharmaceuticals.
U.S. firms are rapidly gaining market share in machine tools.
The U.S. is now the world’s largest exporter of electric vehicles.
The U.S. is now the world’s largest exporter of oil and natural gas.
The U.S. still ranks second in automobile production, ahead of Germany and Japan and behind only China.
We are by no means uncompetitive.