Our time of trouble is because we have not paid good attention to the Messenger of God that He raised among us to warn us of the days that we are now witnessing; days when factories closed and long lines of persons looking for a job. He asked us to get up and do something for ourselves before we were forced to do it. Unfortunately we did not listen.
Unfortunately, we have lost our manufacturing capacity.
Trump, who in his own history as a developer preferred mob concrete and Chinese steel to the variety produced in the Rust Belt, cannot bring back the steel and manufacturing jobs lost in Lorain, Ohio or western Pennsylvania.
In every society, manufacturing builds the lower middle class. If you give up manufacturing, you end up with haves and have-nots, and you get social polarization. The whole lower middle class sinks.
When I was starting, there were wool mills in the U.S. that could make you anything. The U.S. used to produce the most beautiful cotton denim in the world. Now all that is gone.
There are a lot of people in the Rust Belt who felt like, 'Nobody's concerned about me, and my shot at the American dream is going away.' We need to restore that.
The sealing industry is dying.
After a major loss of dynamism in the 1960s, productivity growth rates began dropping in most countries, falling by half in the U.S. in the 1970s and more or less ceasing altogether in France, Germany and Britain in the late 1990s.
Bell Labs was an astonishing place for many decades, though it fell on somewhat hard times during the telecom meltdown some years ago, as its corporate owner had to cope with shrinking markets.
Britain in the 1970s was undoubtedly an economic mess because of the oil price explosion.
What we have seen for a very long time is large corporations shutting down plants in this country, plants that are often profitable, in order to get cheap labor all over the world. And that is one of the reasons why the middle class in this country is disappearing.We have lost our manufacturing base, and that's an issue that has got to be dealt with.
Industrialization came to England but has since left.
[Russia] has been haunted by its relative backwardness, particularly in the military and industrial spheres.
If I could distil the relevance of Bruce Springsteen's music to Australia it would be this: don't let what has happened to the American economy happen here. Don't let Australia become a down-under version of New Jersey, where the people and the communities whose skills are no longer in demand get thrown on the scrap heap of life.
What kind of country just recycles its old money, reminisces about what used to be, and doesn't know how to weld, to machine, to cast or to bolt things together? Not one that's on a path to future greatness, that's for certain.
There used to be a lot of industry in Montreal, and now there's not, so it's really easy to get huge, empty spaces where you can practice and make music or make art for very, very cheap.
Back in the 1980s parts of our country were devastated by de-industrialisation. This wave of globalisation and the first fruits of technological innovation destroyed industrial jobs or exported them to low-wage economies. The loss of work had a devastating impact.
We're not going to let our companies be raided by other countries where we lose all our jobs, we don't make our product anymore. It's very sad.
No president can force shuttered mills to reopen, or companies who've left in search of cheaper labor to relocate to the United States (or those who have come back to choose expensive humans over cheaper robots).
… post-industrial society
The economic development of industrial society tends inevitably to the ruin of small industries.
Detroit's financial challenges - the decline of the American auto industry, the impact of the global economic recession, declining population, and an erosion of the municipal tax base - are key to understanding what led this great city to an inability to provide basic city services or to carry out the normal functions of a municipality.
I think Detroit shows that we've come to the end of the industrial epoch and have to find a new mode of production.
Cities have made the transition from industrial to service economies.
It's sundown on the union And what's made in the USA Sure was a good idea 'Til greed got in the way.
