BuyUSAFirst

The people of the United States need to focus on the wealth generating areas of their economy. Only land and manufacturing generate wealth in an economy. The durable goods sector of the economy is a wealth generation sector that includes manufacturing, construction, and mining and logging. In 2000 there were eleven million jobs in the durable goods producing sector of the U.S. economy. Now there are only 7.2 million jobs in this sector. (See Forecasting Global Economy) This is a loss of over 3.8 million good paying middle class jobs. Those jobs would have had a multiplying effect because they require support industries. The multiplying effect produces 10 support jobs for each durable goods job. Since this did not happen, we lost over 38 million high quality jobs. Sure, we have had some job gains in the retail, government and financial areas but these jobs do not generate wealth or have the same multiplying effect. No wonder our economy is declining – we have lost the heart that pumps wealth into the economy. We need to bring back our manufacturing. We need to impose import tariffs, lower taxes for businesses, eliminate unnecessary regulations, and buy U.S. made goods.