Today I read this article from Business Insider that did not make me feel better: 19 Facts About The Deindustrialization Of America That Will Make You Weep. Among some of the more concerning points:
- The United States has lost approximately 42,400 factories since 2001
- The United States has lost a total of about 5.5 million manufacturing jobs since October 2000.
- The United States has lost a whopping 32 percent of its manufacturing jobs since the year 2000.
- From 1999 to 2008, employment at the foreign affiliates of US parent companies increased an astounding 30 percent to 10.1 million
- If our trade deficit with China increases at its current rate, the U.S. economy will lose over half a million jobs this year alone.
- As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time less than 12 million Americans were employed in manufacturing was in 1941.
- Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.
- The Census Bureau says 43.6 million Americans are now living in poverty, which is the highest number of poor Americans in the 51 years that records have been kept.
- In 2008, 1.2 billion cellphones were sold worldwide. So how many of them were manufactured inside the United States? Zero.
And leaders don't consider this exportation of jobs and shuttering of factories a threat to national security?