Friday, January 25, 2013

U.S. Economic Decline

Individual freedom to produce, peaked and declined in the U.S. over the past 100 years.  Advances in technology came with improved applied science. Many of these advances were answers to real problems that active experimentation unlocked. This applied to inventions and processes and both became valuable intellectual property. 

These advances were not restricted to electricity, manned flight and assembly lines, but included durable and nondurable goods, and multiple industries like agriculture and medicine.  Chemists extracted plant juices and discovered their properties and uses and developed synthetics using the same chemicals.  They developed new materials like nylon.  The invention of labor saving devices and better processes resulted in the explosion of products we see today.
The U.S. had become the go-to place to learn product design and manufacturing.  We had the resources and capitol to pursue all endeavors.  There was a time when new grads were free to pursue anything they thought they could handle.  In the period from 1900 to 1940, many Americans left school after 8th grade with fully developed skills sufficient to start a business.  Many went to Tech Schools to learn a trade and then opened businesses in that trade.  Many more left school after High School and did the same thing.  Those who wanted to be chemists, engineers, teachers, lawyers, doctors and dentists, took the college courses required to enter these fields.  After 1940, High School graduation was the standard.
By the 1950s, most large companies had overseas operations and sold American manufactured goods world-wide.  Many foreign companies tried to copy our designs, but their products were not as good.  Many foreign countries, knowing that manufacturing was needed to build their economies, required U.S. companies to build part of their products in their country before they allowed the U.S. to sell in that country.
By the 1960s, we noticed the first signs of decline.  After 1961, college entrance exam scores began to drop and manufacturing costs had risen to the point where changes were needed.  Productivity in the U.S. flattened out and in 1970s product quality problems became apparent.
Our government was busy from 1900, but the accumulation of their efforts resulted in our economic decline. They had given in to whatever pressures they received from destructive groups of lobbyists, from labor, environmentalists, entitlement promoters, foreign aid fans and others.  These groups were further supported by academics, artists, the media, hollywood and foundations looking for causes.  Most of these groups had ample numbers of socialists and communists and they all loved the U.N.. They had nothing in common with us folks working in the private economy.  They did have time to spend with our elected officials, who we generally ignored.
By 1970, taxes were high and productivity was low. Regulations strangled industries and the bureaucracies build by the government were at war with manufacturing. Strategic resource manipulation was eminent.  Government was blindsided by the deliberate middle east oil shortage and our own oil drilling had ceased because of low prices.  The inflation created by Lyndon Johnson’s money printing during the Vietnam and poverty wars was coming due and produced “stagflation.  In the late 1970s we had real 7% annual inflation, 9% unemployment, 13% interest rates and car prices doubled overnight in 1978.
Labor had bribed Congress into strangling business with labor laws. Permits were made harder to get.  Big agribusiness was swallowing up family farms. Laws protecting us from ourselves became popular. Government involvement made healthcare costs rise along with education costs.  Business found itself in a hostile environment.
In 1980, Ronald Reagan made the case that government was the problem and got elected, cut taxes and created growth just in time for the electronics manufacturing boom we had with the development of the personal computer.  He ended the “cold war” with the USSR and strengthened our economy.  Unions declined, quality problems were solved and businesses sold products world-wide.
In 1988 Republican, George HW Bush became President, but governed like a Democrat and signed more useless labor law and government intrusion laws to bloat the bureaucracies.  In 1992, Bill Clinton became President and signed NAFTA, the first of many trade agreements the ushered manufacturing our of the U.S. Government said we were entering the “information age”. This propaganda ushered in the full-on decline of the U.S. economy.  Since then, the government has become unsustainably expensive along with everything it touched.  Despite the fact that George W. Bush knew he needed to dismantle the government, he never did.  By the time Comrade Obama  was elected in 2008, we were in full decline and ready to morph into a one-party communist republic.
This was a government designed failure.  We let our enemies from within take over the government and they have ruined the country.
We can recover from this, but we will need to clean house and replace almost every elected official.  Then we need to demand that they begin to repeal unconstitutional laws and economy killing regulations and cut government spending in half.  We need to replace the media and put up the tracking systems we will need to ensure that reforms are being made. We need to take over our political parties at the Precinct level this month.
Norb Leahy, Dunwoody GA Tea Party Leader

 

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