I am re-reading David Halberstam's wonderful The Reckoning - - where 1982 might mark the trailhead of our current manufacturing pull-back, de-industrialization, declining middle class, political chaos, etc. collective crisis.
From the book:
"As a general rule, the people now making a lot of money were not producing things, and the people who were producing things were not making a lot of money. It was a dismaying equation for a nation once colossally productive, and a bitter pill for many companies, cut off from their past and unsure of their future."