The Lights Have Officially Gone Out In the US
by Phoenix Capital Research
Here’s a news story that summates the US economy’s problems rather well:
The last major GE factory making ordinary incandescent light bulbs in the United States is closing this month, marking a small, sad exit for a product and company that can trace their roots to Thomas Alva Edison’s innovations in the 1870s.
Here we have a product, invented by one of America’s Greatest inventors (if not THE greatest), of which the US was the premiere manufacturer, now being manufactured ENTIRELY overseas:
How could this have happened?