Age of America is Ending

[ILG]

http://money.msn.com/top-stocks/post.aspx?post=359e72b8-8531-44a9-a190-d1246d5556bd&GT1=33002

[John Atkinson]

This is something that is no surprise, I have been watching this for years.

From the view of a microcosm:

I am an engineer in the industrial automation industry. I work at a manufacturer which is part of a huge global corporation. We specialize in integrated motion control products.. motors with all the electronics needed to drive and control atached. Parent global corp specializes in power distribution.

Motors.. manufactured in China... no one else can price compete
Electronics .. designed here. assembled in China... no one else can price compete

And to top it all off.. The manufacturer who makes our motors sells a half price knock-off of our integrated drive-control electronics+motor product and no one says a word because we can't get our motors anywhere else for the price... The clowns are so audacious that they didn't even bother to try and hide the fact that they reverse engineered our stuff to get their design.

That is something repeated across the whole spectrum of industries that span the nation. It wasn't our brave troopies that made us a superpower, it was our industrial and economic might. Something that is rapidly collapsing these days.

China may not rule now... but soon.

[Sam]

It's sad to see our once great country descend to a second rate socialist state.

[John Atkinson]

It's sad to see our once great country descend to a second rate socialist state.Yeah

[Praxeas]

Years ago, before the Internet went live, there was a conspiracy/prophecy conf a friend went to. He said the globalist agenda was to make the world equally poor. Obviously that means either raising the standard of living for the rest of the world or lower it for any prosperous nation

[Pressing-On]

It doesn't sound as though it is a done deal to me. It doesn't have to be and I'm not willing to believe we will allow it, no matter what it looks like today.

The picture of America's economic house is a dismal one, with its escalating debt and out-of-control entitlement spending. There is a silver lining for America, though. Scissors points out that China has considerable economic weaknesses like low income levels, resource depletion and high unemployment, whereas the U.S. has comparable strengths and is poised to remain a global leader:

"If we do get our act together, we will stay far ahead of China where it counts most: in wealth, in employment, in technology, and so on. The United States is richer, has far more productive workers, and far more in the way of natural resources than China. The only way we stop being the global economic leader is if we blow it."


And that's why the next few months are so vitally important. As Congress begins debate on whether to raise the debt limit and how to curb spending, Members must realize that their actions have serious implications for America on the global stage.

http://blog.heritage.org/2011/04/26/morning-bell-is-the-age-of-america-coming-to-an-end/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell