I heard a segment on NPR the other day that examined the economic debate. I forget the names of the guests, but they are irrelevant. It was the classic conservative vs. liberal scenario that is all too familiar. The basic message from both sides was that, “We need to increase and stimulate growth.” What the guests failed to discuss was how to do so and in which sectors they thought growth was possible.
This is the issue with modern day America: everyone talks and pays lip service to their voting base, party and agenda, but nobody acts. The United States began as a country that, for better or worse, led by its actions and now it is a nation that is lagging behind with its rhetoric.
As a people we have become used to what is EASY, which translates into complacency on all fronts. Somewhere along the line, the captains of industry decided manual labor was largely the work that “other people” should do and shipped it overseas to other places while hundreds of thousands of Americans were left to find employment elsewhere.
Now it is popular to complain about China, yet nobody wants to look inward and speak the truth, which is that the outsourcing of American industry almost single-handedly created China’s booming economy. Those who initially realized it was much cheaper to have products made overseas started an all too popular trend for other first world nations to follow:
Ship your manufacturing abroad for cheap and collect higher profits for your company at home no matter the consequences.
The unfortunate reality that everyone seems to be ignoring is that America has virtually no industry. The country that embodied the Industrial Revolution ironically has nothing but depressed mill towns and overpriced converted factory lofts left to show for it. We find ourselves neck deep in a recession without the necessary bootstraps by which to pull ourselves up.
With few industry and manufacturing jobs, there is very little room to grow. The tech boom is long over and companies have been successful enough at trimming the fat in the past few years that there is no need or incentive to hire a large population of workers. Even if there was incentive, those jobs are limited. Unless another all encompassing revolution such as the one experienced with the explosion of the Internet shows up, the unemployment line will not become noticeably shorter.
So how do we solve America’s economic anemia?
It is clear that the government, which is so mired in partisan politics that it has become woefully and dangerously inefficient, is nearly incapable of doing anything to help the problem. It is also embarrassing that the two major parties in Washington refuse to resolve their differences on all fronts for the greater good of the nation. The fact that they are incapable of doing so, no matter who is in the oval office, is a testament to how far from the course the nation has strayed as a whole. Have we forgotten the axiom, “united we stand, divided we fall?” By all means, have your opinions, but don’t polarize the nation and freeze all political progress with childish name-calling and king of the hill antics typically reserved for a middle school playground. In other words: agree to disagree and get to work!
In the end, the private sector will be the one to stem the tide and help rebuild the nation’s poor economic status. Politicians could help by doing more to encourage small business and manufacturing, but it comes down to those captains of industry. Are they proud to be Americans in a time when the country needs decisive action or does their pride simply come from collecting the most cash?
Those jobs that were shipped “over there” need to come back. America is a voracious consumer, but until we once again make the bulk of the goods we use, we are in trouble. Even if we are spending again, those dollars are largely going back overseas when the bulk of them need to be going into the US market.
The formula for at least part of the turnaround is in front of us and it is simple: manufacture what you consume in order to establish a self-sustaining economic cycle. It is not going to be easy to implement, but the answer is not a great mystery to be solved.
Ultimately it is time for this nation to realize there is no quick fix, roll up its sleeves and get to it. We need to stand up and stand behind the three-word tagline that was once the global standard of excellence: Made In America. Before we can pull ourselves up by the bootstraps, we must first put our nation back to work and manufacture them.