19 Statistics Indicate Corporate America Has Destroyed America's Economy

Broadcatching, Corporate America, Manufacturing

OP-ED NEWS

September 29, 2010


By William Cormier

There are 19 statistics that indicate America’s economy may never recover and it is evident that Corporate America has delivered a death knell to our Middle-class and the entire economy. The facts you will read in this post represents irrefutable evidence that Corporate America has been busy dismantling our economy for years with the help of corrupt politicians in Washington. They have also compromised national security.

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The first time I read about these gruesome facts was at a Blog called The Economic Collapse. Today, I noted that an identical spread also appeared on the Business Insider Select. Ninety-eight percent of the material appeared to have been written by the Business Insider which provided some interesting commentary on these issues, and while I don’t agree with all of their opinions I believe that it’s worth critiquing their assessment of our terrible decline in manufacturing and what the effect will be on our overall economy and way of life. The facts you will read in this post represents irrefutable evidence that Corporate America has been busy dismantling our economy for years and they knew that it would result in the utter destruction of our economy. (Corporate America could not have accomplished this without the tacit approval and direct help from our Congress and Presidency.) Businesses and corporations insist that they had a duty to increase profits for their shareholders, even if it came at the expense of our economic destruction and significantly reduced our national security. There is also compelling evidence that a huge amount of this “deindustrialization” and dismantling of our economy gained momentum during President Bush’s criminal Presidency, and I will vividly illustrate how these actions have significantly imperiled our national security.