Why the U.S. Manufacturing Industry has shrunk to its lowest percentage revenue level of GDP and how to create a supportive financial environment
The United States economy is in a downward spiral. Our national debt is now above 28 trillion dollars, with the national debt at 108% of Gross Domestic Product. In January, we had the most significant trade deficit ever recorded for a single month at 68.2 billion dollars. Our manufacturing industry is now at its lowest level ever recorded in modern times. The cause is we do not have a supportive financial system for manufacturing. The linked document will explain the cause of the decline of the U.S. manufacturing industry. The principal reason for the slide is the high-cost healthcare industry. It will review several unlawful practices of the healthcare providers and insurance companies and how the law enforcement agencies failed to protect us. The article gives details about the last four decades of the health care industry's growth and then the effect of COVID 19. The article touches upon U.S. Debt to GDP ratio and its impact on future infrastructure investments in our country. ...