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Major Problems Facing Our Country Today

Thomas Heffner - Print Article
E-mail - editor@economyincisis.org

Open letter to our governments - Federal, State & Local:

HERE IS A SHORT LIST OF PROBLEMS:

  • Irresponsible sale of strategic companies to foreign ownership (Sold 8,600 of our best wealth producing companies to foreign corporations in the last 10 years).

  • Loss or decline of major industries - (steel, publishing, clothing, machine tools, automobiles, electronics, others).

  • Loss of good jobs

  • Uncompetitiveness in manufacturing.

  • Wealth transfer to foreign ownership $2 billion dollars per day thru balance of trade deficit, which equates to $1,400,000 per minute flowing to foreign countries.

  • Difficulty for college students to find jobs for which they were trained as there are fewer American-owned companies for them to work for.

  • Manufacturing Outsourcing - Dismantling America's industrial base - giving away our technology and jobs to foreign companies and have them produce for us in their country.

  • Insourcing - Subsidizing foreign companies to manufacturer in America for their benefit and their profit, quickly displacing and putting out of business our American owned factories, leaving us with shell factories whose job is primarily assembling imported components.
  • Educational shortcoming, limiting our ability to maintain our future scientific and technological status.

Click here to view potential solutions to problems facing our country

 

Click here to contact your Representative in Congress.

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