Vive American Industrial Revolution

Sometimes my tiny little brain gets to thinking about the state of our economy and the state of our nation. I asked myself, “What would the great industrialists of our country think about our current economic situation?” What would John D. Rockefeller think of us buying oil from our enemies? What would Andrew Carnegie think of us outsourcing steel production to China? What would Cornelius Vanderbilt think about his extensive rail lines left to decay and deteriorate, not to mention America’s distaste for public transportation? And mostly, what would Henry Ford think seeing the Automobile industry go bankrupt to the Germans and Japanese? These are just a few great men who built our country. What have we done with their legacy? What do we have to show for their enterprising spirit?

There is such a flux and flutter about the state of the stock market and investors are all befuddled. I have something to ask? What is it actually we have been INVESTING IN? Let’s examine this. We have been investing in credit, securities and mortgages. We have been investing in foreign industry or at least American companies with foreign plants and workers. And most importantly we have been investing in rich people’s portfolios. We simply have not been investing in America. What we have NOT been investing in is American Industry which our forefathers have provided.

My father bought up some very great points. One of the downfalls of American industry is we do not know how to modernize. For this I suggest we haven’t invested in keeping up the railroads and trains. Modern, high speed and comfortable trains is one of the main means of transportation throughout Europe. In fact, it is enjoyable just to ride, even if you don’t have to do anywhere. In regards to the auto industry, we fell behind the times in what consumers wanted and new hybrid technology that our foreign competition has excelled.

For many, industry is simply hard and sometimes dirty, tedious work. In some cases we have become complacent and we have outsourced work we don’t want to do, sewing factories, customer service call centers. The Chinese are getting rich, doing work for American companies, to sell back to American consumers. That is hardly investing in the American economy. Why are we investing in American corporations who are employing and supporting a foreign workforce and foreign economies, and we the American taxpayer are losing our jobs and bailing out such companies? It is time to bring American industry back to America.

So go on, continue to blame your neighbor down street for his credit card debt, or for buying a house outside his price range. Yeah, that’s it. That’s the reason for the economic collapse. Or perhaps it is another thing, three little words we have forgotten in the American vocabulary – Gross National Product. Perhaps it is time for another Industrial Revolution.