At first, when you look at stuff like imports as a consumer you think, oh wow, cool. I can get this thing for so cheap. I don't know how they make it and send it from half way around the world so cheap, but they do, and I love it. You love it, right? Of course we do. We all love affordable and nice things. And we should.
But what if I told you that BECAUSE we paid a little less than if we made stuff right here domestically, now every dollar in all our pockets, is becoming worth less and 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 "representatives" have "negotiated" and "traded" a few years of cheap stuff for our entire nations economic security. Just look around at how many towns are absolutely devastated in every state, with folks on welfare and no work substantial enough to provide for a family of even 3 on a single income. That's not America. Is it?
I'm not going to pass blame on any one person or party, because ultimately the problem is systemic to globalization and decades old foreign and financial policy decisions and antiquated strategies including lopsided subsidies and tariffs, with outsourcing and consolidation exacerbating the situation. All of which has left the Fed Reserve Bank essentially stranded in a position of becoming directly influenced by nations with poor economic stability largely due to exponential increases of quantitative fiscal easing on their part and by their governments.
Do you know what happens when you double the amount of currency in a nations economy? Well you do now. Was any of this in America's best interest? Maybe if you're a multinational corporation, not Americans as individuals, because all our money is worth half of what it just was. Ask yourselves why the same groceries that used to cost $400/month in 2021 now cost $800. What "happens" to the folks who retired with just enough savings to live comfortably now that they can no longer work, and now that all those decades of labor and saving and investing is only worth half? What happens when all your future earning power is half of what it was? Rhetorical questions because we're living through it.
How do we fix it?
We have to stop relying on an imbalanced trade system and stop printing money basically. Or at least work towards that end. Here's how I will address that:
I will order all tariffs be investigated and certified across all business sectors and compared with domestic production costs and prices to ensure imports have no advantage over domestic manufacturing, and raise them where we need to. (Like we should have been doing all along and without question.) but that's not all.
I will implement a transparent system irrevocably and directly linking tariffs and subsidies together, allowing for sustainable global trade with other nations and economies while protecting the value of our dollar and our economy. This means that all tariff money collected will be sequestered specifically for exported goods, and made available on demand and as needed to and for our exporters.
I will order that incentives be added to the tax code, allowing domestic small businesses to increase inventories without paying tax on moneys earned and reinvested that way.
I will order that the regulations of quantitative initiatives and fiscal practices be limited to within sound principles and remain strictly and directly related to population enumeration. (See Blog-Controlling Inflation)
I will order that no pricing be forced (fixed) on private markets or commodities due to or resulting from any government subsidies and subsidy programs. That all agriculture, livestock, farming and other sectors with exports remain free of any and all pricing controls from government. And I will restore robust antitrust laws to combat harmful business practices, and encourage organic growth in order to secure jobs for our middle class.
You will get to start being paid what you're worth.
You will get to compete in a free and fair American marketplace.
You will have the same incentives and opportunity to invest in yourselves and build personal wealth for your families that large multinational conglomerates enjoy.
And you can all start living the American dream of actually building our lives and a future for our children, giving them advantage and opportunity that's better than what we have now for ourselves.
It's not that there's a lot to fix. We just have to stop enabling corporate fascism and prevent foreign interests from actively destroy everything we built, for profits alone. We have to 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.