America Is Rotting While China Is Rising

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America Is Rotting While China Is Rising

The American Dream
Aug 23, 2011

The American people better wake up while there is still time. America is literally rotting right in front of our eyes. Once upon a time, the greatest manufacturing cities in the world were in the United States. One of the big reasons why the Allies won World War II was because U.S. factories simply pumped out far more stuff than anyone else did. Our forefathers built this nation into an industrial powerhouse, but now our formerly great manufacturing cities are rusting, rotting and falling to pieces as nations such as China wipe the floor with us on the global economic stage. It is absolutely depressing to see what is happening to many of our most famous cities. For example, would you like to buy a house for less than $10,000? Just move to Baltimore. Of all the homes that have been sold in the city of Baltimore so far this year, one out of every ten has sold for less than $10,000. In fact, one home sold for just $10.

Like many formerly great U.S. cities, there are many parts of Baltimore that closely resemble war zones. Drugs and crime are everywhere, and there is a very real feeling of hopelessness in the air. Like many blue collar American cities, Baltimore is down on its luck and is in an obvious state of decline.

It has gotten to the point where even most of the “quiet” areas of Baltimore are not really safe. Just consider the following comment that a reader named James left on a recent article….

My wife and I used to live in a quiet part of Baltimore City (yes there still are a few of those) a few years back. Six weeks after we moved there, she was mugged at 6:30 am, week day, on a semi-busy street while walking to her car. That was a wake up for both of us. The days of leaving your car unlocked or being in an urban area by yourself at night (or even daytime now) are over. We moved out of the city but we both still carry weapons with us and know how to use them. Do I want to use them? No. Not ever. But if “15 or 20 young men are approaching” me, I can’t go out like a punk and in no way can I ever let my wife be put in a harmful situation again.

But Baltimore is far from alone. In Detroit, you can literally buy a house for one dollar.

Yes, you read the correctly.

The city is a complete and total basket case at this point. Just check out what an ABC News report had to say about the real estate situation in Detroit….

There are more than 40,000 vacant properties in Detroit, which has been hit hard by the foreclosure crisis, and the median home price is a stunningly low $7,000. In many neighborhoods, homes that were fetching $75,000 just three years ago are now selling for ten cents on the dollar or less.

We used to have the greatest economy on earth, but now we have entered a seemingly permanent decline.

There are hordes of people that can’t find work and there are tens of millions that have become completely dependent on the government for survival.

Our economy does not create enough jobs to support our entire population any longer. The number of people forced to take government money continues to explode. The following is from a recent article posted on Yahoo News….

Altogether, there are now almost 46 million people in the United States on food stamps, roughly 15 percent of the population. That’s an increase of 74 percent since 2007, just before the financial crisis and a deep recession led to mass job losses.

If the recession is over, then why does the number of Americans on food stamps continue to increase and set new records?

In some areas of the country food stamps have become a way of life. Amazingly, approximately one-third of the entire population of Alabama is now on food stamps.

The U.S. economy is coming apart at the seams and large numbers of Americans are starting to become very frustrated.

We are starting to see a lot more “random” acts of violence. For example, two people were shot in the parking lot immediately after a recent preseason game between the Oakland Raiders and the San Francisco 49ers.

The following is video of fans brawling in the stands during that same game….

Yes, football fans have always been rowdy, but people seem to be losing their tempers much more easily these days. Sadly, when you have got millions of people losing their jobs and their homes that is going to tend to happen.

Of course it doesn’t help that our politicians are so easily losing their tempers these days. For example, U.S. Representative Maxine Waters recently went on a massive tirade during which she proclaimed that “the Tea Party can go straight to hell”. The following is video of that incident….

America is rotting and hatred and anger are growing at a very frightening pace.

This country has become deeply, deeply divided and our economy is collapsing.

Meanwhile, China is rapidly rising.

Not that China exactly plays fair. China massively subsidizes their biggest corporations, they brazenly steal technology from anyone that they can, they openly manipulate exchange rates and they allow their workers to be paid slave labor wages.

The U.S. trading relationship with China is massively unfair, but very few of our politicians seem to care.

So thousands of factories and millions of of jobs will continue to leave the United States and go over to China.

Incredibly, the United States has lost an average of 50,000 manufacturing jobsa month since China joined the World Trade Organization in 2001.

Even the new Martin Luther King, Jr. Memorial on the National Mall was made in China.

Ouch.

As America rots, U.S. companies continue to invest huge amounts of money in China….

*Coca-Cola is opening up three new factories in China this year.

*Disney recently broke ground on a $4.4 billion project that will be known as Shanghai Disneyland.

*Procter & Gamble has invested over a billion dollars in operations in China.

*Caterpillar has built 16 factories in China and now employs more than 8,000 workers there.

*Ford is currently “building three factories in Chongqing as part of $1.6 billion investment that also includes another plant in Nanchang”.

It isn’t just “the jobs of the past” that we are losing either.

Andy Grove, the former CEO of Intel, says that our advanced technology companies are creating far more jobs overseas than they are in the United States….

Some 250,000 Foxconn employees in southern China produce Apple’s products. Apple, meanwhile, has about 25,000 employees in the U.S. That means for every Apple worker in the U.S. there are 10 people in China working on iMacs, iPods, and iPhones. The same roughly 10-to-1 relationship holds for Dell, disk-drive maker Seagate Technology (STX), and other U.S. tech companies.

Americans need to be educated about what is going on. The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000, and over 42,000 manufacturing facilities in the United States have been closed down since 2001.

In case you were wondering, that is not good news.

Our politicians have lied to us. Globalism is destroying our economy. We should have never merged our economy with the economies of nations such as China.

Beautiful new infrastructure is going up all over China even as U.S. infrastructure rots and decays right in front of our eyes.

America is being deindustrialized at warp speed and most Americans don’t even understand what is happening.

Pretty soon, even more cities are going to end up looking like Baltimore and Detroit. The mortgage delinquency rate is starting to rise once again. As our jobs continue to be shipped out of the country, millions more Americans will lose their incomes and their homes.

If you want to see what the future of your city is going to look like, you might want to check out the really disturbing images of the decline of Detroit that you can find right here.

What has happened in Detroit and Baltimore will soon be happening to all the rest of us.

The world is changing at a very, very rapid pace. Just because America was an economic powerhouse in past decades does not mean that it will always be that way.

The truth is that America is rotting. If our leaders don’t start making some very fundamental changes to the way we do things, we will continue to rot.

Very dark days are ahead for America. Enjoy all of this prosperity while you still can, because soon enough it will all be gone.

http://www.prisonplanet.com/america-is-rotting-while-china-is-rising.html

Lon-Paul's picture
Lon-Paul
Joined:
Jul. 26, 2011 1:12 pm

Comments

As Jane Jacobs noted in her several works on the economies of cities, a nation is nothing more than a reflection of its cities.

Rotting cities = a rotting country.

On the meantime, there are profits to be made...by outsourcing and converting more cities into rust belts.

Capital has loyalty to no country. The rats who have poked holes in the ship are abandoning ship. Anyone have a life raft?

Retired Monk - "Ideology is a disease"

polycarp2
Joined:
Jul. 31, 2007 4:01 pm

Well on this we can agree.

Dr. Econ's picture
Dr. Econ
Joined:
Jul. 31, 2007 4:01 pm

So, Dr. Econ, do you have a liferaft or better to offer?

It is hard to believe that the Republicans do not see what their policies produce or that they can still believe in their economic dogmas after all this failure. Those who do not see failure are fewer and fewer, and the burst bubbles hit real people outside DC. But the blame follows emotions more than logic, so if enough messaging is done, venting replaces ferment. Deflect, divide, delay and deny seems to be the strategic plan.

The logic of infrastructure investment is overwhelming, a far better use of debt and credit than tax cuts and the rest of the compromised crap Obama settled for. As a way to get at the debt and deficit, employing people to create value is a two way winner. You get taxes from employed people and you don't have to provide the social safety net expenses. I think even Erik Kantor should be able to grasp this concept. I may be naive.

DRC's picture
DRC
Joined:
Jul. 31, 2007 4:01 pm

It would take a forward looking strategic trade and industrial policy.

We would have to protect and focus on our strengths. We would have to guess what the best next thing is and guess right. It would take long term planning of generations. We would have to have a media that told the truth.

In short, don't plan on having grand children!

Dr. Econ's picture
Dr. Econ
Joined:
Jul. 31, 2007 4:01 pm

We should probably get used to the idea that China will become the world's dominant economic power...and with that the dominant military power.

If China maintains its Confucian tradition, that is no problem from a military standpoint.

The nations of Asia, including China, weren't expansionary. Japan became the exception when they understood they either had to adopt the ways of the west...including expansionism and militarization...or be gobbled up as the rest of Asia was.

It was, afterall, Teddy Roosevelt who handed Japan Korea on a silver platter and encouraged their invasion of Manchuria. It was Queen Victoria who became the world's largest drug dealer when Chinese law against opium use was overturned by the gun. She was followed by some of America's top families in that endeavor...including FDR's grandfather..

Asian nations weren't expansionary...they focused on internal development. Prior to the slicing up of China by western powers, its population had a living standard greatly surpassing those of their European counterparts.. It was the Chinese who developed the printing press four centuries before the west. It was the Chinese who developed the use of paper money. It was the Chinese who developed gunpowder. It was the Chinese who wore silks while their European counterparts wore rough linens, etc.

The "White Man's Burden" to civilize the world under the cloak of Christianity was the "burden" to plunder it. It remains to be seen just how far the Chinese choose to imitate the west. If they don't go too far in that imitation, Chinese supremacy could be a good thing. Perhaps a world at peace can finally become a reality.

From the Chinese point of view, even the occupation of Tibet wasn't "expansionary". For centuries they've held that Tibet was Chinese territory

Expansionism, plunder under the force of arms and colonization of other peoples isn't in the Chinese tradition. They left their weaker neighbors alone for thousands of years...looking upon them as "Little Brothers". Plundering and colonizing other peoples is purely a western thing. Hopefully, they won't adopt it.

China will one day supplant the U.S. as the world's super-power. We should probably get used to the idea.

.Retired Monk - "Ideology is a disease"

polycarp2
Joined:
Jul. 31, 2007 4:01 pm

Yes, 21st century is going to be the century of China. Before I go any further, I throw paranoia to the side and acknowledge that it would be foolish for China to destroy us, either militarily or economically. We are there best customers! Even if China could "blackmail" us with our debt to them, they would be extremely foolish to do so because that would destroy much of their economy! The goal of business is to constantly expand its area where it does business, so that it could do more business. The rising business and merchant systems in China want to do business with us, regardless of how obnoxious our governments are to each other.

I believe that soon the USA dollar will lose its status as the world's reserve currency. I do not know what currency will replace it, but if it is replaced totally or partially by the Chinese Yuan, they will become very powerful, very fast.

micahjr34
Joined:
Feb. 7, 2011 4:57 pm

It hasn't been in China's interests to destroy anyone for thousands of years...unless they perceive a threat to themselves. It's been their tradition to utilize their resources for domestic develoment...not warfare or conquest for markets and resources. The west began interferring in that process by force of arms in the later decades of the 1800's and continued doing that right through the Vietnam War. Look at the results.

The Asian drive was to maintain domestic tranquility...not empire building. and fattening of the elite at a high cost to the many. Fattened, yes. At a high cost to the many, no.

We've sort of screwed that up in the last century. The drive for power and excess privlege in Cambodia, Mynamar (Burma) and Thailand is a manifstation of western influence. Domestic tranquility and a content populace has taken a back seat as the priority in governance..

Conquests and colonization for markets and resources has been a western tradition, not an Asian one. It was the "civilized" European nations who engaged in near-contant warfare and the subjugation of other peoples, not the so-called "barbaric" Asian ones.

Retired Monk - "Ideology is a disease"

polycarp2
Joined:
Jul. 31, 2007 4:01 pm
Quote micahjr34:Yes, 21st century is going to be the century of China.

India and Brazil may well surpass China in 20 years.

Ixtelan's picture
Ixtelan
Joined:
Jul. 31, 2007 4:01 pm

Not likely. Brazil has money producing capacity and falls way short of China's wealth producing capacity and educational systems.

India falls short of both in all areas and has to deal with rising population pressures.

Retired Monk - "Ideology is a disease"

polycarp2
Joined:
Jul. 31, 2007 4:01 pm

Ixtelan,

You have a point about the economic rise of India in this century. Not only that, they have a military and their own nuclear weapons! I think it would be best for countries all around the world to view India with more respect, and for businesses in the USA to massively prepare for an asian Indian powerhouse.

Also, look at all of the outsourcing that is going to India! It could possibly be that in the far future that the languages of India could become more and more used by businesses around the world, and not english!

micahjr34
Joined:
Feb. 7, 2011 4:57 pm
Quote micahjr34:You have a point about the economic rise of India in this century. Not only that, they have a military and their own nuclear weapons! I think it would be best for countries all around the world to view India with more respect, and for businesses in the USA to massively prepare for an asian Indian powerhouse.

Also, look at all of the outsourcing that is going to India! It could possibly be that in the far future that the languages of India could become more and more used by businesses around the world, and not english!

The United States has already "titled" away from Pakistan and toward India, which the Americans see as a buffer and ally between eastern and western Muslims.

China's economy is already beginning to spin off the rails, with rising inflation, unsatisfied expectations, ethnic insurgencies, and neighborly anxieties.

Ixtelan's picture
Ixtelan
Joined:
Jul. 31, 2007 4:01 pm

I think that if all of the South American countries reorganized, and formed one solid economic block, that their productive and capital capacity could overhelm the USA, if not now, then later.

micahjr34
Joined:
Feb. 7, 2011 4:57 pm

God forbid the profits made outside the US should be taxed or invested in jobs here in America! What would happen to the demand for yachts and mansions? The country would be in shambles! Good grief! "Corporations are people my friend!" So says Mitt Romney (and our supreme court), and corporations have a right to freedom and happiness just like the rest of us. And if it means we have to pick up the bill, we should do it with a smile.

hodenkat's picture
hodenkat
Joined:
Jul. 21, 2011 12:00 pm
Quote micahjr34:I think that if all of the South American countries reorganized, and formed one solid economic block, that their productive and capital capacity could overhelm the USA, if not now, then later.

The only problem is that they hate each other. Mexcio hates Guatemala; Haiti hates Dominican Republic; Colombia hates Venezuela; Peru hates Ecuador; Chile hates Argentina; and Argentina hates everybody!

Ixtelan's picture
Ixtelan
Joined:
Jul. 31, 2007 4:01 pm

Ixtelan,

You got me there! Still, if they can manage to deal with their dislike for each other, they could still form an economic powerhouse...!

micahjr34
Joined:
Feb. 7, 2011 4:57 pm

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