Keith Evans
2 min readJun 5, 2021

--

I can only wish your assumptions and mistaken concept of federal finance wasn't the norm, but, sadly, it is.

The pandemic has shown us that a "job", at any pay rate, is not the end all answer to America's problems. Conservative state Governors are currently doing their level best to blackmail their constituents into accepting whatever pittance business wants to offer them by rejecting the federal unemployment benefits. They seem to think that $300 per week is the defining line that would entice people to risk their lives to create profits for business once again.

If Americans wanted jobs that badly there is no shortage of them to be had, and at far above the pay levels offered pre-pandemic. Another thing to consider is the inflation in consumer goods prices that would result if manufacturing actually did return onshore.

The cost difference between American labor and that of our trading partners is too vast to ignore and working class Americans cannot absorb more price increases in their living necessities. Our problems stem from the fact that the working class American has no representation in his/her government and will not benefit from the lower cost of production except for what price break business deems fit to bestow to keep the product moving.

Imported goods are actually a net gain in that the exporter must invest "real" resources and labor into products that it trades for dollars that we mostly pull out of our backsides on demand and are not useful anywhere except within our financial system. We don't have to produce the stuff we buy to maintain a vibrant economy as long as someone does. It is only when goods become scarce or externalities of cost of production increase that inflation becomes an issue. Moving production back to the US would be a big one.

--

--

Keith Evans
Keith Evans

Written by Keith Evans

Meandering to a different drummer.

No responses yet