Ron Randall
You can read more articles about the American Economy at my blog http://ronjrandall.com/category/economy-in-america/
The economy is melting simply because we have shipped our industry overseas for cheaper labor and cheaper products. Not only that but we have also shipped our service industry overseas. You will not hear this from the media or from our incompetent Government. They have actually helped sell this country out from underneath the American people. That is why this is the perfect time for venture capitalists to bring industry back into America.
What we need to do is start new companies here in America that make products employing Americans and keep the money here and not send it overseas. This is where the venture capitalist come into action and starting new industry. Forget all those companies that ran overseas for cheaper labor, we need to start new companies right here.
America used to be the leading industrial world leader, but not anymore. We now produce very little, except for fast food and pop culture which amounts to nothing from an industrial standpoint. Pop culture is actually a joke, but that is another article all together.
We have lost our industrial landscape and even our service industry and that is the real reason the American Economy is melting and will even get worse before it gets better. No bailouts or tax cuts are going to work because they do not address the underlying reason for the failing economy and that is lack of industry, which nobody is talking about.
This is why I am calling on all venture capitalist to start re-building the industrial landscape here in America so we can be strong again. Instead of growing weak which is exactly what has been happening for decades now. By re-building industry we re-build the financial landscape also. Which is what needs to happen.
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