At first glance, when you consider imports as a consumer, you might think, "Oh wow, cool! I can get this for so cheap." It’s mind-boggling how these items can be made and shipped from halfway around the world at such low prices, but they are, and we love it. You love it, right? Of course, we all appreciate affordable and nice things, and we should.
However, what if I told you that because we paid a little less than if we produced goods right here domestically, every dollar in our pockets is becoming worth less and less? The dollar is literally only worth half of what it was just a few years ago. How cheap is that stuff now? Our so-called "representatives" have "negotiated" a few years of cheap goods at the expense of our nation’s economic security. Just look around at how many towns in every state are devastated, with folks on welfare and jobs that barely pay enough to support a family of three on a single income. That’s not America, is it?
I’m not going to assign blame to any one person or party because the issue is systemic, rooted in globalization and decades-old foreign and financial policy decisions, including lopsided subsidies and tariffs, with outsourcing and consolidation making matters worse. This has left the Fed Reserve Bank in a precarious position, influenced by nations with poor economic stability largely due to their governments' excessive quantitative fiscal easing.
Do you know what happens when you double the amount of currency in a nation’s economy? Well, you do now. Was any of this in the best interest of America? Perhaps if you're a multinational corporation, but not for Americans as individuals, because now all our money is worth half of what it once was. Ask yourselves why the same groceries that cost $400/month in 2021 now cost $800. What happens to those who retired with just enough savings to live comfortably, now unable to work, and now find that all those decades of labor and saving and investing are only worth half? What occurs when all your future earning potential is halved? These are rhetorical questions because we are living through it.
How do we fix it?
Simple - Make everything the same value everywhere. And open free and fair trade everywhere.
Basically, If you can sell your cars to me then I can sell mine to you, or carrots, or mouse traps.
A more complex explanation is: We need to stop relying on an imbalanced trade system and curb the excessive printing of money. Here are the common sense solutions I propose:
I will order an investigation into all tariffs across business sectors, comparing them with domestic production costs to ensure imports do not have an unfair advantage over domestic manufacturing, and raise them where necessary. (This is something that should have been done all along without question.) But that’s just the start.
I will implement a transparent system irrevocably linking tariffs and subsidies to promote sustainable global trade while protecting the value of our dollar and our economy. This means that all tariff money collected will be earmarked specifically for exported goods and made available on demand to our exporters.
I will introduce incentives in the tax code, allowing domestic small businesses to increase inventories without paying tax on money earned and reinvested in that growth.
I will limit regulations on quantitative initiatives and fiscal practices to sound principles directly tied to population enumeration.
I will ensure no pricing is fixed on private markets or commodities due to government subsidies, keeping all agriculture, livestock, farming, and export sectors free from pricing controls. Additionally, I will restore robust antitrust laws to combat harmful business practices and encourage organic growth to secure jobs for our middle class.
You will start to be paid what you’re worth.
You will have the opportunity to compete in a free and fair American marketplace.
You will enjoy the same incentives and chances to invest in yourselves and build personal wealth for your families that large multinational conglomerates currently enjoy.
And you can begin living the American dream by building your lives and a future for your children, providing them with advantages and opportunities that surpass what we have now for ourselves.
It’s not that there’s a lot to fix; we just need to stop enabling corporate fascism and prevent foreign interests from actively destroying everything we’ve built for profit alone. We must agree on common sense governing for the people.
I can and will do exactly that. That’s what you get when you vote for DC Kersey as your #48 POTUS.