U.S. Manufacturing Strength

May 21, 2008 at 9:04 am 1 comment

By Jeffrey Hagen

One of my major concerns with the United States is the dealing or, better stated, lack of dealing with the flight of our manufacturing base, the most obvious price of which is the loss of well paying jobs. While this does get some occasional attention from the media, unless you are watching Lou Dobbs, it usually does not take precedence over the 2008 election cycle, the President’s latest exhibition in incompetence, or the undying fiasco in Iraq. Keep in mind that while our economy is losing, many others, particularly those of Asian states, are gaining. Rapidly. Don’t get me wrong, I think that it is wonderful that China is building its economy. Just not at the expense of the citizens of the United States! Worse, I feel that it simply does not need to be this way. I am not a lawyer and I can’t claim to understand why our trade policy is set as it is but it seems to me utterly masochistic to provide tax breaks, large tax breaks, to corporations to spur the movement of factories overseas. Incentives that ship jobs overseas in the form of extremely low wages and virtually unregulated facilities already abound! This activity is growing, again rapidly, and can be painful to think about.

Another cost, less obvious to some, is simply the loss in global manufacturing power to the United States. Without the awesome capability to manufacture, the United States would likely not have been anywhere near as successful in the second world war. To be sure, much had to do with the strength of our leadership and a national feeling of pride, but don’t be fooled, if the plants had been overseas, well, I don’t need to go any further…

All of this ties into the enormous trade deficit and the laws that support that deficit. One major problem that I have with the U.S. government is that lawmakers do not always appear to be placing our interests above those of foreign nations. Certainly not above corporations that, in turn, debase U.S. interests. Why is it that America has among the lowest import duties in the world?

Hey, did you know that Thomas Jefferson repealed all internal taxes and ran the government on tariffs?

Entry filed under: Politics. Tags: , , , , , , , .

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1 Comment Add your own

  • 1. buelahman  |  May 24, 2008 at 12:26 am

    Hi Jeff,

    Its all about money and control. The New World Order.

    Reply

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