Now that so many of the products that Americans use are
manufactured overseas, America no longer owns the status of
being the world`s number one manufacturer. That status now
belongs to China where a significant number of our products
are manufactured. Our businesses continue to send the
manufacturing process overseas, taking the profits earned by
using cheaper labor, and closing up factories in the U.S. With
no industrial base, America is now dependent on foreign
countries for the production of our goods. The economies of
manufacturing cities like Detroit are falling apart as the
money is sent abroad. America is now dependent on foreign
countries for the production of our goods (Morely 2003).
Having our technology, foreign countries now manufacture
the same products at the same rate for a fraction of the cost.
America is rapidly losing the status of being a superpower.
This country that once had a prosperous economy, superior
technology and a large self-sufficient manufacturing force has
become a country that owes trillions of dollars in debt to
foreign countries that manufacture its products because it is
unable to compete with cheaper, foreign manufacturing forces
(Roberts 2010).