Via Business Insider –

2 – Dell Inc. has announced plans to dramatically expand its operations in China with an investment of over $100 billion over the next decade.

3 – Dell has announced that it will be closing its last large U.S. manufacturing facility in Winston-Salem, North Carolina. Approximately 900 jobs will be lost.

4 – In 2008, 1.2 billion cellphones were sold worldwide. So how many of them were manufactured inside the United States? Zero. 

5 – If our trade deficit with China increases at its current rate, the U.S. economy will lose over half a million jobs this year alone.

Source: Economic Policy Institute [PDF]

6 – As of the end of July, the trade deficit with China had risen 18 percent compared to the same time period a year ago.

Source: Economic Policy Institute [PDF]

7 – The United States has lost a total of about 5.5 million manufacturing jobs since October 2000.

Source: The American Prospect

8 – From 1999 to 2008, employment at the foreign affiliates of US parent companies increased an astounding 30 percent to 10.1 million

Source: Tax Analysts [PDF]

9 – In 1959, manufacturing represented 28 percent of U.S. economic output. In 2008, it represented 11.5 percent.

Source: The American Prospect

10 – Ford Motor Company recently announced the closure of a factory that produces the Ford Ranger in St. Paul, Minnesota.

Source: Economy In Crisis

11 – As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time less than 12 million Americans were employed in manufacturing was in 1941.

Source: The American Prospect

12 – In America today, consumption accounts for 70 percent of GDP. Of this 70 percent, over half is spent on services.

Source: Economy In Crisis

13 –  The United States has lost a whopping 32 percent of its manufacturing jobs since the year 2000.

Source: The American Prospect

14 – In 2001, the United States ranked fourth in the world in per capita broadband Internet use. Today it ranks 15th.

Source: MACLEANS.CA

15 – Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.

Source: Businessweek

16 – Printed circuit boards are used in tens of thousands of different products. Asia now produces 84 percent of them worldwide.

Source: The American Prospect

17 – The United States spends approximately $3.90 on Chinese goods for every $1 that the Chinese spend on goods from the United States.

Source: The Economic Collapse

18 – A prominent economist is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040.

Source: MarketWatch

19 – The Census Bureau says 43.6 million Americans are now living in poverty, which is the highest number of poor Americans in the 51 years that records have been kept.

Source: Washington Post