How Can America Restore Its Industrial Self-sufficiency?

Guest is right, this administration should not have such Carbon Taxes, Health Care taxes. What they should have is Defense Taxes to pay for the money spent in Wars and money to be spent on future wars and fighting terrorists. Then there will be plenty of money left over for all kinds of stuff. And I am sure the Republicans will support the whole thing.

This great article needs some more comments:

The wealth that the U.S. achieved in the early 20th century has been eroded by encouraging other countries to build their industrial base while not taking care to insure a domestic industrial future in this country.

As everyone knows, we helped Japan and Germany build their infrastructure after WWII under the Marshall Plan. These countries took off from what they learned from us. By 1970s, people in our government who helped that growth have been retired. By then, our domestic industries have been self sufficient such that except a need to make laws through the lobbyists, we did not need any government help. By mid 80s, the government did not have any clue as to how refineries, heavy industries are designed and operated as long as businesses are in automatic control by business leaders.

During this time, when I was teaching the Chinese the strategies and designs in the Industrial development (with full permission from the Department of Commerce), I met with political leaders in China but never any U.S. leaders that want to know what is really going on in China. Since everything in the USA was in automatic and kept the government meddling out the way, a new class of government bureaucrats and politicians remained ignorant about the well being of the country under the mantra that “ignorance is bliss”.

Bottom line was, our country was run by Corporations and still is today. That means profit every quarter and free to innovate. In this case “innovate” means, free to outsource everything even if this quickly destroys our country. That is under “it is someone else’s problem” or the problem belongs to the government by the people. And so, no one watched the evolution of our business or society. You see, the prosperity was left to the big corporations, the people (social) aspects was left to the churches and the planning of cities and rural areas was left to the chamber of commerce and real estate developers. That is why we still have more than 2% of the population in jail system and about 7% in welfare. So, the government does not have to do anything to plan for the future.

During the republican administration where it is supposed to be the friendliest to the business, the Small Business Administration did not do anything to support the small businesses. They were basically on their own. Now with the democratic administration, nothing has changed even though government spent hundreds of billions of dollars to prop up our economy.

So, NO ONE is taking care to insure a domestic industrial future in this country.

That is because, our government does not have the right people or right processes in place to take care of our future.

On the other hand, as the article points out MITI of Japan (now METI) continues to serve Japan well and the CCPIT of China which emulated MITI and extended the capabilities does the same for China. I have first hand experience with them but could not find an equivalent U.S. Organization to use the same strategies in the USA. As I have posted before, our intelligence communities lack the skills in economic security and therefore are impotent to serve the country in our prosperity or lack thereof.

As if this is not enough, just got an email from Washington Times as follows:

“The Dollar's Coming "Reckoning Day": On a Par With Pearl Harbor and 9/11.

Here’s just a glimpse of what can be expected:
*An explosion in prices as Americans scramble to buy assets, or simply basic necessities, before the dollar's purchasing power evaporates;
*Shortages, sparse grocery store shelves, and gas lines;
*Failed businesses and economic dislocations;
*A breakdown in commerce, as longer-term transactions become impossible to make;
*Rising crime and unemployment;
*Government services all but disappearing, as an angry dependent class takes to the streets;

The threat of a sudden major dollar crisis is so real top Pentagon intelligence consultants are actually running live "planning scenarios" in which resource-rich countries such as Russia and China exploit U.S. foreign indebtedness to wreak sudden havoc in our financial system and basic economy. In the March 24 Unrestricted Warfare Symposium at the Johns Hopkins University Applied Physics Laboratory, for example, intelligence analyst James Richards presented a detailed "blueprint" on exactly how U.S. enemies could bring our economy to its knees by dropping the value of the dollar by a shocking 75% overnight.”

If this is not scary, what is? Will our Military Officials be selling all the high tech hardware to the foreigners like the Russians did after the USSR collapse? Why is not our intelligence community (that we spend over $30 Billion per year for) do not figure this out? The problem is easy to fix. But do we have an organization which can implement the solutions?

Until we re-industrialize and correct our foreign trade imbalance, and eliminate our federal government borrowing to pay expenses, we cannot afford to have free trade because it will totally destroy the remaining US economy.

It does not matter how we reverse the balance of trade as long as we stop the flow of gold, dollars, T-bills, Government Bonds, title to US located real estate properties, and other US assets from the USA to other countries, in payment for the things that they make for us to consume, and for us borrowing additional quantities of their US dollars to pay for our government operational expenses.

China will conquer the USA without firing a shot. We will soon have given foreigners title to all of our property and businesses in return for making things for us to consume. US citizens will keep busy cleaning up our environment, suing each other, and inventing new (worthless) financial products until the very end, and then the US citizens will ask each other, "What happened?" when there is no food or gasoline available at reasonable prices.

Everything of value in the USA will very soon be owned by China and other industrialized nations. The purchasing value of the dollar will go to zero as the US government speeds up the printing presses to cover US government expenses. Our military, police, firemen, and etc will get paid in freshly printed US dollars that will not be accepted in grocery stores or any other retail venue. These public servants will probably walk off of the job, and somehow try to feed their own families. Chaos and total lawlessness will prevail. Only the meanest and the most evil will survive in this climate. We will have then totally destroyed our country.

By closing the trading borders we will be shooting ourselves in the foot.Westenn corporations moved to the orient and India to cut costs and increase profits.
The general public is to blame for not boycotting those products-What happened to "buy local"?
Cheap consumrs who sell us out for a few poennies per product!

Govt taxes, regulations, and environmental controls have destroyed the ability to manufacture in the US.

Even with higher costs, business can operate if they can innovate. Govt regulations prevents this. This is why businesses just leave the US. Environmental regulations mean that nothing can be done without a permit that takes years to get.

The current democratic regimes are blatantly anti-business. To tax industry on carbon dioxide, will further cost millions of industrial jobs. China and other third world countries will be happy to take the production, they understand they need industry. Govt people do not.

Why would any businessman want to manufacture in the US?

Environmentalists, and their democrat allies, have acheived what our enemies could not. They have destroyed our manufacturing base.

Prepare for a reduction of our standard of living by an order of magnitude. Our children's US will be 3rd or 4th world.

It is not the foreigner's fault that this condition exists. We created this condition ourselves. We have destroyed most of our industries and fired all of the employees that were located in the US because we listened to stupid people. Why should we make the things that we consume as long we can get people in other countries to work to make these things for our consumption? We can pay them with freshly printed-paper currencies and other types of freshly printed-paper securities. They can redeem these freshly printed-paper currencies by exchanging them for title to our real estate, hotels, casinos, and our remaining businesses (instead of Gold). Our Stupid Legislators, Ignorant Government Employees, Bad Corporate Managers, Greedy Unions, Wall Street Financial Geniuses, Enron and Arthur Anderson type Master Criminals, NAFTA, EPA, and OSHA, just to name a few, have created this situation.

How can we ever re-start our industries (re-industrialize) to generate a positive balance of trade? Most of the men who knew how to operate the basic industry factories are now long retired or dead. There are no books that completely tell how to do most of the things that we knew how to do years ago when we created the industries that won WWII and gave us our bountiful way of life.

I believe that this country needs people educated in science, medicine, mathematics and engineering if this country is ever going to re-industrialize rather than print money and sell our future to support ourselves today. We cannot afford to support any more artists, actors, theologians, musicians, philosophers, historians, poets, novelists, political scientists, MBAs, etc. Only about 5% of the college students in the USA are studying science, medicine, mathematics or engineering, as compared to Asian Countries where the majority of the college students are majoring in science, mathematics or engineering. I am worried about the future of my college age children, and all of the other children in the USA.

Our government sticks its nose into everything it shouldn’t but leaves its hands out of the places it should be. We have freedom of speech, except on the airwaves and on TV, thanks FCC, we fight in wars that are none of our business, forced retirement plans, I could go on.

Why doesn’t the government get involved where it should, in capitalism? There is nothing I am aware of that states the government should mess with our lives, except to insure that the nation is poor and can not longer fund itself. My understanding is that the government is supposed to protect the little guy and yet all the bailouts are for Wall Street.

We need a committee like MITI if we are ever going to get back off the ground. If the government wants to force the US car companies to build certain cars, they should make all car companies do the same and only give benefits to US manufactures. I can not even fathom what our government is thinking when it comes to economics. It would seem that the only economy they care about is their own.