DO NOT GO GENTLE INTO THE POST AMERICAN ERA
By Margaret Goodwin
January 2, 2010
NewsWithViews.com
When the U.S. was a developing nation, we expended our efforts and capital in developing the infrastructure for industry.
Our government provided incentives for the development and extraction of natural resources to be used as raw materials to build, not just products, but a thriving national economy. -- And that's exactly what China and other developing nations are doing today.
But, today, the U.S. is doing the opposite. Increasingly, over the past several decades, our government has been restricting the extraction of natural resources and dismantling the infrastructure for industry. Overregulation, combined with exorbitant and ever-increasing union demands, has succeeded in driving much of our industry offshore.
If we want to recover our economy, we need to reverse that trend.
The recently published White House Plan to Revitalize Manufacturing, which focuses on federal funding for “green” technology R&D, is not likely to have a significant impact on our national productivity.
This administration is thoroughly beholden to the unions and environmental lobbies. In true Chicago style, this administration has used the stimulus package to pay off political debts and, from every indication, will continue the trend of dismantling the economy in favor of political correctness and payback.
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