And few in the media seems to care.  The workers on the other hand are the ones that will pay the orice of this death, not the speculators.

General Electric announced it was selling its 101-year-old appliance division last month. Newspapers around the world proclaimed the death of U.S. manufacturing. “Is it the end of an era? Or is the era already over?” asked the Wall Street Journal. GE is the “ideal coal-mine canary,” according to Kiplinger.com. According to the Asia Times, the announcement was “the death-knell of yet another U.S. manufacturing business, one among so many in U.S. manufacturing’s long and seemingly unstoppable downtrend since 1980.”

U.S. manufacturing has been on a steady decline for a number of years. Yet every time a company makes this kind of announcement, two questions are always raised: Why, and who cares anyway?

One of the main reasons U.S. manufacturing is declining so rapidly is outsourcing. Yet outsourcing is an effect, not the root cause of the problem. Treat the root cause—find the reason it is cheaper to make goods abroad—and then you can solve the problem.

The common causes given for the ramp-up in outsourcing is that more companies are turning to factories overseas to take advantage of lower wages, longer work weeks, reduced regulation, and less stringent environmental standards—all valid reasons. However, inexpensive foreign locales are not the only problem. Many of the problems plaguing industry in America are self-inflicted.

theTrumpet.com has explained this situation very accurately.  The workers are the ones doing ALL of the struggling, fewer jobs are being created, more jobs are being lost, and people are having their lives destroyed in the name of profit.  TThe question to ask the presidential candidates is, where and when will this destruction of the working class stop.  And demand an answer that is forthright and truthful, not some pandering BS just to get their vote.