Money from U.S. Productivity Ends up in Foreign Pockets
While news sources claim the U.S. is showing signs of improvement, due to the fact that we are producing again, the statistics aren’t accurate. In actuality the United States is not producing much at all. We have become a nation of assemblers. The parts are manufactured abroad and shipped to the U.S. for final assembly. American workers snap parts together, like children playing with legos, without the critical knowhow of how to actually manufacture the components. The profits then return overseas, leaving the U.S. a dead and dependent third world economy.
In Indiana, the Chamber is happy to report that hundreds of thousands of workers are employed by Japanese companies all over the state. Although these companies are employing Indiana workers, they are foreign-owned American-registered companies that are replacing American owned industries. They do not supply the workers with skills or critical knowhow, they simply provide the workers with the components and final assembly jobs. Foreign owned companies operating in America control the jobs, technology and the profits reside with them.
These jobs are not beneficial to the U.S. While some people may believe having these factories in the U.S. is a win-win since they are giving Americans jobs, the situation is actually a win-loss, with Americans suffering the loss. We are losing our superpower status for a few assembly jobs that are making our competitors wealthy.
The U.S. is no longer a strong, wealth producing, independent nation. To regain our superpower status we must produce American jobs, the components for those jobs and we must create and keep the technology. We need to work for ourselves and for our benefit.












