Industry Leaders have Left America
I went up to Salt Lake City’s Outdoor Retailer last week, and met with many major brands. As we discussed pricing and product quality with companies like Eureka, Katadyn Water Filtration, Coleman, Primus…. The list goes on and on. ALL OF THEM are manufacturing out of China, with only distributing centers and warehouses in the United States. None of them forge the metals, weave the textiles, create chemical innovations that would otherwise create jobs in America.
Taxation in the United States, and higher costs for worker pay have led to industries moving out of the country. We no longer produce raw materials, and our government is in the process of shutting down domestic success. Oil production has been restricted tremendously since the Gulf oil spill, and oil container ships have left the waters offshore for foreign entities. Our natural gas industry is being quieted by environmentalists and politicians, who instead push for greener energy through GE EcoMagination and car innovation (which is also pressured through government policy and regulation). Steel industry has gone down, with little creation and more recycling.
Less industries based in our country mean fewer scientists who will work with such companies to produce innovation. Scientists will move out of our own country into others with real-world applications and needs. Knowledge, jobs, and economic growth are hindered by all of the preceding information.
When we get Obama out of office and a Democrat-led Congress from leading us, we will hopefully find the sense to vote for economically knowledgeable people who will entice job creators back to the United States.
Posted on August 11, 2011, in America, Businesses, Policies and Reforms and tagged American industry, American success, business, china, china manufacture, chinese manufacture, made in america, made in china, overseas dependence, Small business, taxation. Bookmark the permalink. 1 Comment.