Challenges
to our economy started at least 50 years ago when factories in the
USA started to move from north to south, then to south of the border,
then to the far east.
There
are enormous container ships waiting, sitting off our west coast,
because American businesses, trying to save costs, moved
manufacturing largely to mainland China.
The
same management decided, "just in the nick of time," could
continue to reduce costs; wound up with little, to no, inventory on
hand when supply chains are hit by extraordinary challenges (e.g., a
global pandemic). They, intentionally, built-in a lack of
flexibility/alternatives to deal with unforeseen economic problems.
When
looking for the cause of the current inflationary pressures on the
economy you need look no further than company/corporate management.
The destructive approach to economics was enabled by the ludicrous,
supply-side, economics of the Republicans and the problematic
policies of neo-liberal Democrats.
Democrats
have recently remembered, and started to return to, the Keynesian
methods and processes that were key to the New Deal and the Great
Society. When the Democrats boosted economic possibilities for the
most needy 40% of Americans (the American Rescue Plan Act of 2021) it
was done with no cooperation/assistance/votes from Qpublicans.
When attempting to do more (The Infrastructure and Jobs Act)
Democrats checked across the aisle to find only 13 Qpublican votes in
the House and 19 Qpublican votes in the Senate.
The
current economic problems, inflation included, have roots that are,
most often, not political... When government assistance,
Keynesian solutions, are proposed it is oft exclusively from the
Democrats... When assistance, or a counter proposal, is sought
from across the aisle... Little, to nothing, happens...
Keynesian
solutions are underway, in spite of the 2 well purchased, neo-liberal
(corporate owned), Democrats' obfuscation. More can be done if the
elections of 2022, and beyond, give the Democrats (plus the two
Independents) the larger majorities needed in the US House and
Senate. More Democratic controlled, state governments are
potentially even more important.
Without
the massive and consistent efforts of the voting public our
democratic republic, and the extraordinary economy it has enabled,
could be gone forever.