In the 1950’s, 30% of the American workforce was employed in manufacturing—almost one in three jobs. This country was a manufacturing superpower; we were the world’s richest and most productive country. By 1994, approximately one in eight Americans had jobs in manufacturing. Now only 9% of jobs in the United States are in manufacturing.
Tag Archives: Manufacturing
The country’s largest solar panel factory is just about to open near Buffalo River in New York. This is causing a major economic boom in the state because of jobs and savings on energy cost across the state. The jobs opening aren’t just jobs at the factory but also companies moving to the state in order to use the cheap clean power.
Our nation loses 14 manufacturing plants per day and has lost over one-third of its manufacturing jobs over the last dozen years. The United States used to be a wealthy country, not one buried in debt. We accumulated abundance through most of the twentieth century, as we were a very productive country whose wealth derived to a great extent from manufacturing. Our companies invented and produced many of the things we needed and much of what the rest of the world needed.
The United States federal government has an accumulated debt of more than $17 trillion, and that debt is expected to grow significantly in coming years. This burden is an extremely serious drag on our economy. Borrowing more and more money will threaten the livelihoods of Americans, as well as our standing with the rest of the world. It is important we act now, so we can set our nation on a new course.
The White House and corporatists in Congress passed fast track trade authority to railroad the massive Trans-Pacific Partnership (TPP) through Congress. This awoke a sleeping giant of citizens upset about how it passed and what the TPP would do to America, making the TPP and hot topics for the 2016 elections. Why did they need fast track so badly? Because without it, the TPP wouldn’t stand a chance at passing. With history showing how “free trade” agreements have failed us and the devastating effects of the WTO, this comes as no surprise.