Friday, July 17, 2015

Decline of the manufacturing business in the United States.

Reality was that during my generation of the 1990s is when the ideology of outsourcing our American manufacturing business operations to countries such as China and Taiwan as well as most other countries onto the continent of Asia was really starting to kick within mindsets of American business owners. Slowly one by one these businesses would later fold thus eventually closing. Most of the consumers during the 1990s were not surprised by these business decisions being made by those greedy corporate executives who ran their businesses and companies. Those who were born before 1995 will understand this a lot better than those who were born in the 21st century.

Trade laws between Asian countries and the US were being destroyed by zealous greed, corrupt politics, and treaties such as NAFTA & GATT. Prior to 1995, the manufacturing market was fine. Or so as many people thought.
The practice of "dumping" was setting in. That was unheard of before 1990. Many of us knew that the manufacturing business industry was shrinking at the own cost of their communities. The wealthy rich did absolutely nothing to stop these business practices being used that were commonplace in the American workforce. That's why the manufacturing industry is facing the problems it is today. We have sold ourselves to Wall Street and NASDAQ.

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