From that seminal moment labor unions would tell the story of the valley and its industries. During World War I and II the valley was affectionately known as the "Arsenal of Democracy" for being the leading single source of American armaments and weaponry. In the 1980s most of the industry of the valley was rocked by the increasing globalization and cheap imports. Although allegations of "dumping" were well founded in some instances the increasing greed and short-sightedness of labor union leaders and the double speak of industrial leaders lead to a collapse of the valley's industrial might.