Saturday, October 31, 2015

The U.S. has lost almost 60,000 factories since 2001

Where did those jobs go? Mostly overseas. And many of these factories were union factories, so as these factories closed often the union members had nowhere to go. This is part of the cause of lower wages or no real wage growth in America. In other words, inflation is presently beating wage growth so that real wages are actually getting smaller every year now.

Inflation averages about 4% per year, sometimes more sometimes less.

  1. The Plight of American Manufacturing

    prospect.org/article/plight-american-manufacturingCached
    Dec 20, 2009 · Since 2001, the U.S. has lost 42,400 factories -- ... Richard McCormack is editor of Manufacturing & Technology News. ... Not Everything Has Changed;
  2. Kevin Hardy on Twitter: "Many of the 60,000 U.S. ...

    twitter.com/kevinmhardy/status/639477318487003136Cached
    Many of the 60,000 U.S. factories that have closed since 2001 can be blamed on trade agreements - @BernieSanders
  3. More American Factories Closing | Economy In...

    economyincrisis.org/content/more-american-factories-closingCached
    ... which lost 200 jobs when an Eli Lilly and Co. factory closed earlier this ... since 2000, the U.S. has lost ... since 2001, 42,400 American factories have ...
  4. China Buying Up The USA, 42,400 factories have ...

    coreysviews.wordpress.com/2010/10/14/china...Cached
    Oct 13, 2010 · Just The Messenger. News, Politics & Opinion. As of September ... 42,400 factories have closed since 2001 in the USA, Politics & so much more…. « Coreys ...
  5. Sanders Enters Presidential Race | Nel' s New Day

    nelsnewday.wordpress.com/2015/05/02/sanders...Cached
    May 01, 2015 · Since 2001, trade agreements have closed down almost 60,000 factories in the U.S. causing the loss of millions of jobs.
  6. 60,000 Manufacturing Plants Closed Since 2001,...

    www.abovetopsecret.com/forum/thread1071224/pg1Cached
    60,000 Manufacturing Plants Closed Since 2001 page: 1. 38 ... passes companies will have to move factories overseas to compete ... of the past in the U.S.A ...

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