Here’s a case study that illustrates just how bad things are in America…
In case you missed in, Congress passed a law mandating that by 2014 American stores will no longer be able to sell the incadesent lighbulbs that were invented by Edison. (some cannot be sold starting 2012) Oh well, innovation, right? We’ve got something else in the hopper as an alternative right? Wrong.
In a sick case of corporate irony, General Electric, Thomas Edison’s company was largely behind the effort that killed off it’s golden goose. (see article here) In a real clear example of what’s wrong with our economic policy. US Scientists developed the alternatives to the old US incandescent technology, like LED and compact florescent, but we’ve shipped all that technology and the jobs that go with it offshore. This country could quite literally be in a position where we cannot see after dark in a few short years. Let me repeat the mantra,
“We cannot make mortgage payments in the US if we don’t make anything else here.”
Read a story on this, and when you get done….if you’ve got the stomach for it, check out the link below the story which is utterly disturbing….the lightbulb problem is a perfect illustration of a much more disturbing phenomena….the corporations are using Congress to pass laws which are good for them, but which will ultimately destroy our entire country.
19 Facts About The DeIndustrialzation of America That Will Make You Weep
This is incorrect in several ways:
1. The law in question does not prevent manufacturing, selling, or using incandescent lights – it simply requires that lights meet a new efficiency standard.
2. Current incandescent lights do no meet the new standard, BUT there are numerous exceptions to the rule, so many current lights can still be manufactured and sold.
3. The new law did not cause the factory to close. The low cost of labor overseas (together with other factors which reduce manufacturing costs overseas; e.g., no environmental protections) caused this.
Factory closing in the US are not good, but falsely demonizing what is arguably a good regulation will not solve this problem.
And while we’re on this topic – why didn’t Rand Paul just buy himself a better toilet? Was he waiting for the government to fix his plumbing?
im with you….but we are now in a crisis….a crisis that has been decades in the making….the numbers coming out over the next several months are going to be devastating….real, real trouble coming and noone doing anything….