The United States is in need of reindustrialization

I thank whomever accepts this debate. I have a few key terms to define. Need: a condition requiring relief Reindustrialization : a policy of stimulating economic growth especially through government aid to revitalize and modernize aging industries and encourage growth of new ones Some parameters: My opponent (con) must prove that we need not reindustrialize. With those in place let's debate! 1) Industry creates capital One of the most prosperous times in the United States was the 50s. This was due to massive wartime industry and worker productivity. At this time, the United States was the central industrial power, upon which other countries relied on desperately, which created hegemony for the U.S. We have lost that hegemony, because, quite simply in peacetime, America lulls back into contentment. If we look back at the 20s and the 50s, both were characterized by massive consumerism and prosperity. However, the decades following were times of financial unrest and economic recession because Americans had overindulged in the peacetime decades. I am in no way saying that the United states need to wage a war for economic interests. Which leads me into my second contention. 2) The United States is still riding off of the Technology boom of the 90s The 1980s was a time of peacetime "prosperity" brought on by the exponential expansion and popularity of credit. The President of this peacetime era, Ronald Reagan increased spending on National Defense, and ran up the country's deficits in the process, and while the common man was kept content, and capitalist democracy was at its peak, the largely uncontrolled spending manifested itself in the world's first billion dollar deficit. The nineties gave birth to revolutionary technologies. The most outstanding of these was the computer, and its lovechild the internet. These innovations led to the "dot com boom". This new technological advancement created many economic opportunities for American citizens.... jobs and investment opportunities. However, the American government currently puts too much of its "stock" in technologies and not enough in production. In light of the current economic recession, it is time that our government reemphasizes the importance of production. 3) The reindustrialization of America would significantly decrease its dependence on the industries of foreign countries If we took all of the clothes from our closets and closely examined them we would find that the majority of the tags read: Made in (Somewhere other than USA). If we look at the computers and the TV screens in America a majority of them would read (somewhere other than the USA) We as an American people are far too dependent on the productivity of other nations. What do we produce? An overabundance of white-collar workers. The rapid increase of the percentage of Americans with college degrees has flooded the market, and as a result many Americans end up either unemployed or severely overqualified for their positions. 4) Why reindustrialization would fix these problems a.The United Stares could put an emphasis on vocational education instead of scholastic education. Because let's face it a country needs its vocational workers, and not everybody needs an education. b) If we become more internal in our operations then we will become more financially stable. Its time that American Eagle actually becomes "American". c) If we produce our own necessities, we would be able to reduce our dependency on other nations, and focus on some vital issues (i.e.) stabilizing our economy, which benefits the entire world economically. d) We can export what we produce to other nations providing some necessary capital and at the same time reestablishing hegemony. We would turn the tables, they would be dependent upon our goods, not the other way around. Let me emphasize that the American people will have to face the reality of higher taxes, unless we started producing some of the basic necessities of life (clothing, toilet paper etc.) And we all know that Americans appreciate low taxes. I rest my case in anticipation of my opponent's responses. Thank you. Sources: www.wordnet.princeton.edu/perl/webwn The US Census Bureau, 2007 http://www.merriam-webster.com...