In a nutshell

[barretcreek]

http://nypost.com/2017/09/16/the-day-that-destroyed-the-working-class-and-sowed-the-seeds-for-trump/

There is one line about China and Japan that should be a PhD. in Economics thesis topic.

[Sunray]

More like the day NAFTA was signed for Canada. Jobs have been flushing down the Mississippi Fly Way to Mexico and the Southern States ever since. For the U.S. it was the day China bought your National Debt.

[JB White]

They killed the steel industry all across the country. About that same time US Steel took the big hit and the Chicagoland area went out of business. South Chicago, Gary Indiana etc. All the big names like Bethlehem, Republic, Wisconsin.....all combined laid off tens of thousands if not a couple of hundred thousand families. Again, the businesses built up around the mills closed as well.
In Chicago during the 1980's the gentrification yuppies had Chicago's last decent sized (although downsized) foundry shut down after over a century of local employment. No replacement employment in the plan. Just a cleaner area where they chose to move into former warehouse lofts. Now they scream there are not enough jobs. No $hit shortsighted ones! It's easy to blame guns and sugar though. Pay more taxes. Whine more in front of the cameras. Act like a condescending a-hole to everyone they think they're smarter than....

Chicago sucks.