Yup. Ever since our government and our dollars allow larger companies to strong arm smaller businesses to manufacture their products cheaper overseas, thereby shutting down American plants and businesses, we shot ourselves in the collective foot.
Google Walmart and Rubbermaid. The growing trend in overseas production was kicked in high gear when Walmart threatened Rubbermaid that they would pull their product if they didn't shut down their American businesses to manufacture their products in cheaper bulk in China. Rubbermaid refused as they employed thousands of Americans, and not just in production plants but in marketing, etc. In 1994 Walmart pulled all Rubbermaid products from their shelves, Rubbermaid lost 60%+ of their business, almost went bankrupt, was bought by another company, shut down their plants, and acquiesced to Walmart. Walmart then went into the towns where Rubbermaid once employed so many and built Walmarts. Now ex-Rubbermaid employees who had pensions, 401k's and 100K+ salaries are forced to shell out cheap Chinese goods at minimum wage.
GREAT COUNTRY THE UNITD STATES OF AMERICA, INC
AND GET READY, now that the Supreme Court has ruled that politicians can receive UNLIMITED FUNDING from CORPORATIONS, we will see even more corporate Amerikkka placing their divested interests into Washington. More nuclear power plants and waste and BP oil spills? "You betcha! Drill, baby, drill" and keep those lobbyists working!
FACT: the biggest cargo ship to date was built in China, it carries manufactured products to the US, and garbage disposed of FROM the US. The mid-20th Century, we were one of the biggest producers of quality goods in the world. Now, with a failed education system, 60%+ of our money going to our military to obtain natural resources and less money to become an educated and healthy global member, we are simply "meat with eyes", consuming everything that is marketed our way, spending our money through Goldman Sachs and producing almost NOTHING.