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Title: 12 Facts About The Deindustrialization Of America That Will Blow Your Mind
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URL Source: https://www.zerohedge.com/economics ... on-america-will-blow-your-mind
Published: Feb 13, 2025
Author: Tyler Durden
Post Date: 2025-02-13 08:06:38 by Horse
Keywords: None
Views: 682
Comments: 12
The following are 12 facts about the deindustrialization of America that will blow your mind… #1 According to Google AI, our nation has lost almost 70,000 factories since the year 2000… The United States has lost nearly 70,000 factories since 2000. This is part of a larger decline in the US manufacturing sector that has also resulted in the loss of over 5 million jobs. #2 In July 1979, 19.5 million Americans had manufacturing jobs. Today, only 12.8 million Americans have manufacturing jobs even though our population is much larger than it was in 1979. #3 According to a survey that was recently conducted by the Pew Research Center, 59 percent of Americans believe that the U.S. has lost more than it has gained from free trade. #4 In 1959, manufacturing represented 28 percent of all U.S. economic output. At the beginning of the Great Recession in 2008, manufacturing represented only 11.5 percent of all U.S. economic output. Today, manufacturing represents just 10.3 percent of all U.S. economic output. #5 More than a billion cellphones are sold worldwide each year. Only a few thousand of them are actually manufactured in the United States. #6 The size of our trade deficit with China in 2024 was $295,000,000,000. #7 At this point, China produces approximately 4 times as many vehicles each year than the United States does. #8 In the early days of the industry, 100 percent of all semiconductors were manufactured in the United States. Today, that number is down to just 8 percent. #9 Russia is producing three times as many artillery shells as the U.S. and Europe combined. #10 The United States spends approximately $3.00 on Chinese goods for every $1 that the Chinese spend on goods from the United States. #11 Our stores are absolutely overflowing with products that are made in China. Meanwhile, soybeans are the number one export from the U.S. to China. #12 More than 36 million Americans are now living in poverty, homelessness in the U.S. is at an all-time record high, and demand at food banks in the U.S. is at record levels all over the nation. Are you starting to get the picture? How many more factories do we need to lose before we do something about it? How many more Americans are going to lose manufacturing jobs before we all admit that we have a very, very serious problem on our hands? How many more trillions of dollars are going to leave this country before we realize that we are losing wealth at a pace that is killing our economy? How many once great manufacturing cities like Gary, Indiana and Youngstown, Ohio are going to become rotting, decaying hellholes before we understand that we are committing national economic suicide? The deindustrialization of America is a national crisis. It needs to be treated like one. Can anyone can out there possibly explain how a deindustrialized America has any kind of viable economic future? Every month far more money goes out of this country than comes into it, because we buy far more from the rest of the world than they buy from us. As a result, we have to beg the rest of the world to lend us money just so that we can pay our bills. Our national debt is now up to 36 trillion dollars, and the total amount of debt in our society is now up to 101 trillion dollars. I have been ranting about all of this for over a decade, but most of the country refuses to listen to those of us that are relentlessly sounding the alarm. America is in deep, deep trouble folks. It is time to wake up. * * * Poster Comment: DC Internet Searches For "Criminal Defense Lawyer" & "RICO Law" Erupt As DOGE Drains Swamp "Over three times more people in DC are googling https://www.zerohedge.com/political/dc-internet-searches-criminal-defense- lawyer-rico-law-erupt-doge-drain-swamp 
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Begin Trace Mode for Comment # 5.
#1. To: All (#0)
America was destroyed by over population. We did not need to import anything until we went over 150 million.
Yes. An overpopulation of Edomites...
Indeed, over population isn't the problem. Gems, might try to convince you otherwise but their are s no truth to the "over population" myth. Unless we're talking about too many gems.
Wassily Leontief won the Nobel Prize in economics for his empirical analysis of the US economy. He demonstrated that American wages were a third higher than Europe, because our skilled labor took from our abundant resources and added value. His analysis shows that this would cease to be true as soon as America had to begin importing raw materials. That happened when we reached a population of 150 million. At that time, the produce manager at the local supermarket could afford to buy a new car and a house and have a wife at home who could afford not to work outside the home. Can't do that today. If you made $20 an hour in SIlicon Valley, your maortgage, pproperty tax, car loan and insurance would total $8,000 a month. Every 4 weeks your total gross pay before deductions would be $3,200. You would need 5 men to marry one woman. She would take care of the men and the house. The men could take turns having one child by the wife. Though some men might want to opt out of children but not sex so the group only has 3 or 4 kids.
#6. To: Horse (#5)
Statista says we reached 150 million in 1946. I recall that a one income family could afford a house well into the 1970's Sounds like Leontief was too afraid to name the Edomite...with their usury, and their demonic destruction of our white, Christian culture.
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#2. To: Horse (#1)
America was destroyed by over population.
#3. To: watchman, horse (#2)
#5. To: Esso, titorite, watchman, (#3)
(Edited)
Replies to Comment # 5. His analysis shows that this would cease to be true as soon as America had to begin importing raw materials. That happened when we reached a population of 150 million.
End Trace Mode for Comment # 5.