By Darin Gilley

The day of reckoning has arrived for the U.S. auto industry and much like the four horsemen of the apocalypse (strife, war, famine, death) our nation’s policies (tax, trade, health care, energy) have helped decimate American manufacturing. As a result, America has gone from the world’s greatest creditor nation to the world’s greatest debtor nation.

Let’s look at how these long-standing policies have virtually eliminated several industries from the productive side of the American economy – shoes, TV’s, textiles, electronics, and potentially the auto industry.