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Friday, June 7, 2013

embrace the horror-exporting manufacturing to China

note job growth is in "food services, retail and employment services"...i.e. not manufacturing.
One in 5 Americans are on food stamps and 50% of children are expected to be on food stamps before they turn 18.  The 77% living paycheck to paycheck is not as important as the lack of growth and the export of manufacturing and technology.
Note the movement of manfuacturing is reflected in GDP where Singapore and Hong Kong now top the USA in a population vs income analysis.
http://www.huffingtonpost.com/2013/06/06/middle-class-jobs-income-_n_3386157.html?icid=maing-grid10%7Chtmlws-main-bb%7Cdl36%7Csec3_lnk2%26pLid%3D324444
The government, unfortunately, is run by idiots who do not see these issues; nor do they have the ability to address them.  The solutions to this problem are set out in "China's weaponized economy" available on Amazon.  Luckily it doesn't include declaring war on China, but it does recognize that we are in a war based on manufacturing which we have not even begun to fight and that we have already probably lost most of the critical battles and may have already lost the war.
You see the casualties in the article here.
This war pitted not only the United States against China, but the rest of the world (Europe, Africa, South America).  Since the country that has taken the biggest losses and who most contributed to the success of China is the USA, we are experiencing it on a level the rest of the world hasn't but it is only a matter of tiem before things take the next stage.  If you wish to know more about that, you might want to read World War C.

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