The United States Has Fallen And Cant Get Up by James Nance (reading strategies book TXT) π
And whats going on over there is really scary but if thatβs scary then this is out right terrifying, the US now has more debt than every country in the European Union-combined. Our country has more government debt than any country in the history of the world.
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- Author: James Nance
Read book online Β«The United States Has Fallen And Cant Get Up by James Nance (reading strategies book TXT) πΒ». Author - James Nance
The United States Has Fallen
And Cant Get Up
Table Of Contents
1.God Blessed America
2.Education
3.Manufacturing
4.Debt
5.The US Military
Epilogue
God Blessed America
Chapter 1
God Blessed America
God Bless America a saying I have heard from a child what started as 13 colonies
grew to become the worlds greatest country in history.
At the end of WWII America stood alone as the only modern country with a
there manufacturing base still intact. After creating and dropping the first A-Bomb
America stood alone as the worlds only superpower. As early as the 1950s America
dominated world trade manufacturing 70 to 80% of the worlds TVs,radios,appliances
and electronics. America was also blessed with fertile land for agriculture with
California being classified as the food basket of the world America was blessed with
2 great sea lanes the Pacific and Atlantic ocean which helped America dominate
international trade due to there easy access to ship products worldwide.
Detroit in the 1950s-80s was a major beneficiary of Americas great wealth in the 1950s
Detroit residents were considered some the richest in the world, with America
in full control of the worlds car industry producing 60 to 70 percent of all cars made
worldwide. In technology the US again led the world with our manufacturing and
programming of computers,advances in telecommunications and the US space shuttle
missions.
In finance only the city of London could be compared to the US dominance of
international finance with New York leading the world in raising capital for US
companies and corporations abroad as well as stock trading.
And with Chicago trading the majority of the worlds paper commodities.
America was so rich that the country had enough gold and silver to back every dollar
the government issued this was true all the way up to 1971.
The United States was a net creditor nation lending more to countries worldwide than
borrowing and for years America had a very high savings rate.
America led the world in education putting out some of the most gifted students in
everything from science to high tech.
What happened how did America go from being on top in every category in commerce,trade,manufacturing,banking & finance to now leading the world
in exporting garbage & waste. Instead of leading the world in auto manufacturing
America is now the number one exporter of porno in the world. The country that once
manufactured almost 80 percent of all the worlds consumer goods today doesnβt even have the manufacturing capability to produce enough shoes for Americans to walk in nor do we make TVs to watch or computers or telephones or any other consumer products Americans need and rely on, so how did America fall so fast. In the next few chapters of this book we will look at how America went from Empire to third world in less than 30 yrs or less than a human beings average life span what a fast descent.
Some of the reasons for Americas decline in commerce can be attributed to competition
from rising Asian countries headed by China as well competition from the EU (European Union) led by Germany.
But most of Americas economic decline can be traced back to government
mismanagement, fraud and corruption.
Americas manufacturing base has been undermined over the last decade by NAFTA
and other trade deals cut by our politicians with third world countries that
guaranteed that manufacturing would leave America permanently.
Under the disguise of free trade all manufacturing has been off shored were labor is
cheap to be imported back here to states at inflated prices, that enriches corporations
and there shareholders but it is making peasants out of Americas middle class
were by all accounts there are now over 100 million people in America unemployed.
In 2008 the biggest fraud in the securities industries history occurred bogus worthless
mortgaged backed securities were sold worldwide to tune of a estimated 1.5 trillion
dollars. The IMF estimated that financial institutions around the globe would
eventually have to write off $1.5 trillion of their holdings of subprime mortgage
backed securities These losses wiped out much of the capital of the world
banking system. Amazingly so to date no one has went to jail but the Govt
and the Federal Reserve gave trillions of dollars to the same banks with the
same CEOβs that sold the worthless securities in the first place.
Fraud has definitely played a big part in Americas economic decline.
Corruption: its obvious now after watching both political parties in power over the
last decade that politicians work for special interest groups, lobbyist and big
corporations not the American public, corruption in politics is every were and playing a
big part in Americas decline.
Education
Chapter 2
Education
After the advent of WW II and the Philadelphia Project the brightest minds in the world could be found in America,people from all over the wished dreamed and hoped for the day that they could come to America. To be taught at one of our great higher learning institutions. This was true as recent as the late 90s, In the past, the US could afford to be patient because its thriving industrial sector was a magnet for the wordβs talent and investment - which is why successive foreign governments have routinely placed their dollars here. That engine which used to power the US juggernaut has been disassembled and shipped overseas.
According to a recent interview by RT with Benjamin Corb, a public affairs director for the American Society for Biochemistry and Molecular Biology (ASBMB), indicators for a βbrain drainβ from the US are already starting to manifest throughout higher education. βAs a survey that we put together over the summer shows, one in five American scientists are considering leaving the country for better funding opportunities outside our borders,β he said.
The ASBMB survey also found that half the researchers had either laid off, or were expecting to lay off staff due to federal budget cuts. This includes letting go of technical staff, but more crucially itβs hurting the future crop of highly skilled experts - graduate, PhD, postdoctoral and resident trainees. Itβs becoming a noticeable issue, even for some of the countryβs, if not the worldβs, perennially top higher education institutions like Harvard and the University of Chicago medical schools, as well as the New York State University system, to name only a few.
This is not only happening at the higher levels of education in America it can also be seen at the Jr college level high school as well as early as elementary.
In the 1960s and 1970s, the United States had the best-educated young people in the world, or pretty close to it.
In 2012 statistics show that U.S. students ranked below average in math among the world's most-developed countries. They were close to average in science and reading.
"In mathematics, 29 nations and other jurisdictions outperformed the United States by a statistically significant margin, up from 23 three years ago,"
"In science, 22 education systems scored above the U.S. average, up from 18 in 2009."
In reading, 19 other locales scored higher than U.S. students β a jump from nine in 2009, when the last assessment was performed.
The result less high school seniors graduating than a decade ago. With overcrowded class rooms and tightened budgets, America's failing education system will in all likely hood continue to decline and effect innovation in the future of American industry.
Today for the majority of youngsters attending K-12 in public schools it seems for them the teachers and faculty are more concerned with diagnosing all the kids with AHD.So they can sell more pharmaceutical drugs, then making sure they get a fundamental understanding of the basic education needed to excel.
America's public education system it seems is more focused on making the next generation of young adults more compliant and willing to go along with the system
than to really breed bright and intelligent independent thinking students.
ManufacturingChapter 3
Manufacturing
America grew to become one of the richest countries in world history.
Due in part to at the end of World War II, the United States was the dominant
industrial producer in the world. With industrial capacity destroyed in Europeβexcept for Scandinaviaβand in Japan and crippled in the United Kingdom, the United States produced approximately 60 percent of the world output of manufactures in the 1950s well into the early 1980's.
What that means is that for every ten items made worldwide at the time six of them were manufactured in the good ole USA.
But beginning in 2000 our elected politicians began the process of breaking down America's manufacturing base.
America has closed roughly 50000 factories since 2001, with about 75 percent of those factories employing over 500 people when they were still in operation.
The United States has lost a total of about 5.5 million manufacturing jobs since October 2000.
In 1959, manufacturing represented 28 percent of U.S. economic output. Today it represented less than 11.5 percent.
As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time less than 12 million Americans were employed in manufacturing was in 1941.The United States has lost a whopping 32 percent of its manufacturing jobs since the year 2000.In America today, consumption accounts for 70 percent of GDP. Of this 70 percent, over half is spent on services. Manufacturing employment in the U.S. computer industry is actually lower in 2014 than it was in 1975.In 2013, over 1.2 billion cellphones were sold worldwide. So how many of them were manufactured inside the United States? Zero.
So what does America make that leads the world in manufacturing and exporting.
Trash, America is number one in the world in producing and exporting trash
or whats left of what they have consumed that gets thrown away each year.
America is also number one
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