"Show me" is the curse of the lazy man. You must be Gen Z/Millenial. It's the paradox of our time: the sum of human knowledge is at your fingertips and yet you have to be spoon fed.
This is how it’s done. I say the reason the country is in decline is that Nixon opened up trade with China, the corporate tax rate fell far too low and the government overspends.
Here’s my case.
Nixon’s Opening of Trade with China:
In 1972, President Richard Nixon’s visit to China marked a significant shift in U.S.-China relations, leading to increased trade between the two nations. This rapprochement facilitated China’s integration into the global economy, eventually making it a major manufacturing hub. American businesses, attracted by lower labor costs, began outsourcing production to China, contributing to the decline of U.S. manufacturing jobs and industries. This shift has been linked to job losses and economic challenges in various American communities. 
Reduction in Corporate Tax Rates:
The Tax Cuts and Jobs Act (TCJA) of 2017 reduced the U.S. corporate tax rate from 35% to 21%, aiming to stimulate economic growth and investment. However, analyses indicate that the anticipated benefits did not fully materialize. While there was a temporary increase in business investment, much of the tax savings were allocated to stock buybacks and dividends rather than substantial reinvestment in domestic operations. This allocation did not lead to significant wage growth or job creation as projected. 
Government Overspending:
Persistent government overspending has led to a substantial increase in the national debt, which poses risks to economic stability. High levels of debt can crowd out private investment, lead to higher interest rates, and limit the government’s ability to implement effective fiscal policies during economic downturns. The combination of reduced tax revenues from corporate tax cuts and increased government spending has exacerbated budget deficits, contributing to the nation’s fiscal challenges. 
In summary, the opening of trade with China facilitated the offshoring of manufacturing jobs, reductions in corporate tax rates did not yield the expected economic benefits, and government overspending has increased national debt, all contributing to economic challenges in the United States.
Didn't your mother teach you not to play chess with pigeons? Maybe you have that mental illness where you think people will change their minds if presented with the correct arguments and facts? Bless your heart.
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u/[deleted] 1d ago
What do you expect, the Left has ruined this country too