BuyUSAFirst

December 30, 2008
Manufacturing and the Economy
Irvine, CA- — Since 2002 this web site has been trying to tell people that our economy was in trouble.

There are two main ways to generate wealth:
Land – By growing food, cotton, wood, and other natural products we can generate wealth. We can also sell minerals and other natural resources like water/wind power. When we produce our own energy we are using land to produce wealth.

Manufacturing – By taking raw materials, adding labor, and producing a product for sale. With manufacturing you get a multiplier of at least five times the production cost. In other words you produce something for five dollars and the final retail price is twenty-five dollars. The price grows as the product moves through the economy.
First the manufacturer gets paid by the wholesaler or distributor and then the distributor sells into the retail market. Finally the retailer sells to the consumer. A strong economy has a large manufacturing component that creates a support infrastructure such as raw material suppliers, service industries, utilities and other support

Since the 90′s we have been giving our manufacturing over to foreign countries. At the same time we have given over our energy production to them also. The combination of these two factors has lead to a serious weakening of our economy. Unless we get our manufacturing back and produce our own energy we will become dependent upon other countries. They will increase prices and use the money to buy more of our industries and land.

When I talk about this many people say that we cannot compete with foreign manufacturers. This is true only if we do not believe in our creative skills and resourcefulness. I believe that by the use of robots and factory automation we can have clean, efficient, productive manufacturing facilities that will create good jobs and build our infrastructure.

As an electrical engineer and businessman with over 35 years of experience. I can tell you that we have the most creative people in the world right here in the United States of America. We just need to set some goals, get motivated, and we can achieve anything.

We encourage you to seek out “Made in USA” products and buy them. If you cannot find products made in the USA send me an email and I will help you find them.

Also support Pickens Plan with your representatives and friends.

.November 12, 2008
US Ecomomy Falters Due to Three Factors
Shabnam V.
The current economic problems in the United States stem largely from three things: the excessive spending habits of Americans, the government  keeping interest rates too low for too long, and our excessive trade imbalance. 

Over the last three years Americans have been saving -2%. This means they have been borrowing to maintain their standard of living.

The housing market was inflated by the low interest rates and rampant greed by mortgage companies and the banking system.

The government and the people have allowed foreign countries to dump products into the American marketplace and destroy the U.S. manufacturing base. This caused loss of jobs for the middle class Americans and has weakened the economy.

How can this economic collapse be a good thing? The economic collapse is a good thing because it teaches the people and government officials that they cannot ignore the basic principles of a good economy. A good economy is based upon a strong manufacturing sector and conservatism in spending by the populace and the government. Consumers need to save from 5% to 15% of their income to protect themselves against fluctuations in the economy and to provide capital for economic growth.

What lesion might we learn form the collapse? Excessive debt is bad for the economy. Buying products from other countries, even if they are lower cost, does not build our economy unless there is an equal offsetting sale of American manufactured goods to foreign countries.

We should look to the words of Benjamin Franklin “I will not look for get rich schemes to make money”. He also encouraged frugality by elected representatives in handling the finances of the US government.

One young person said that they will do things different than their parents. They are planning on paying cash for the things they purchase and limit their borrowing as much as possible. They will also save more money and purchase products made in the United States.

September 4, 2008
Manufacturing employment fell by 35,000 in July
Northeast Midwest Institute – — Manufacturing employment fell by 35,000 in July bringing losses over the past 12 months to 383,000. Job losses were widespread with notable declines in transportation equipment (-8,000), wood products (-4,000), and textile mills (-3,000). Machinery added 6,000 jobs over the month.
Full Story

June 18, 2008
Almost 65,000 U.S. Manufacturing Jobs Anticipated in Second Half of 2008, an Industrial Info News Alert
SUGAR LAND, TX, Jun 18 (MARKET WIRE) — However the economic situation of the average American is getting desperate, and the continued loss of jobs, even with
the rate declining, is not helping matters.
Full Story

Note: Many of the links in the BuyUSAFirst.org Archives have expired. You can often find information related to the posting by searching on the keywords or keyphrases related to the topic. In Google you can put quote marks at the begining and ending of the keyword phrase to better locate the information. If you still cannot find any information you can contact us and we will attempt to help you if we have time.