“It is outrage fatigue, and it is epidemic. It's that feeling that we are being hammered unlike any time in recent history with so many appalling and disgusting and violently un-American incidents and scandals and manipulations that our b.s.-detectors are smoking like an old V-8 engine on a hot summer's day and it's all we can do to get up every day without screaming.” Mark Morford, San Francisco Chronicle
Every American citizen should be outraged at what is happening to our country:
*3 million manufacturing jobs lost in the last 5 years. How are we going to dig our way out of our tremendous national debt when we can’t produce anything to sell abroad?
*Middle-class wages are stagnating, oil is skyrocketing- average consumer savings rates are some of the lowest rate since The Great Depression.
*Entire industries sold overseas- jettisoning jobs, technology and putting our country’s future well-being in jeopardy.
*Two million Americans will lose their homes due to foreclosures. Two million is greater than the populations of Boston, Seattle and Denver combined.
*$9 Trillion and rising in National Debt, $765 billion balance of trade deficit in 2006
*A euro now trades at close to $1.50, in 2003 one euro traded for one dollar
*A Defense Budget of 420 billion- accounting for 43% of defense spending in the entire world-
forced to import bullets due to the shrinking manufacturing base at home
It is time to channel our collective outrage fatigue and turn our country around. America became a superpower on the backs of a thriving industrial base. Manufacturing and production was a success domestically due to hard work, ingenuity and lack of competition from overseas industries that were recovering from the bombs dropped on them in WWII.
Since the end of WWII, the rest of the world has rebuilt, caught up, and now surpassed us. All-the-while we have been fed tales about a transition to a service economy, and the promises of free trade, as we have sunk deeper and deeper into debt.
Something needs to change folks!
Our current economic path is bankrupting us. Our policies have rendered us industrially impotent. The solution to this is not- like some suggest- to let our currency fall to near-nothing to boost imports- it is to reinvigorate industry to compete in the world and strengthen trade laws to combat countries who ‘cheat’ on trade.
Contact your congressional representatives and channel your outrage fatigue. Demand that they wake up and take action, before it is too late.
Wednesday, December 5, 2007
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