Image via Wikipedia
Gonna go ahead and get this out of the way. I know about as much about the economy and economics as Elmer Fudd knows about rabbit hunting. To be fair, I know as much about rabbit hunting as Elmer Fudd, but that’s for a different post that will probably never exist.
The Issue
For reasons that I’ll explain in a future post, I’ve been watching more television recently. I also now remember why I stopped watching TV in the past. It’s for reasons like what prompted this aggravating thought in my head.
I heard the story on the news that the national unemployment rate is up to 10%+. Higher than it’s been in 20 years. I did a quick search on Google and you can go there and see the plethora of stories about it. Also, I’ve grabbed a graph from there that shows the rate over several years.
The Thinking
Here is where I start getting into trouble and need some other heads to help me think about this.
If unemployment is up, how do we get it back down? More jobs. Very good.
How do we get more jobs? My thinking is more places to work are needed. My mind is thinking, this really shouldn’t be that difficult.
The economy is bad, though it’s supposedly showing an upswing. The numbers don’t show that yet from what I can tell. The reason it’s bad, I would think, is because people just don’t have any places to work. This stops the cash flow. Yeah, that can cause a problem.
To me a no brainer solution is to bring all the jobs that we’ve sent overseas back into the states. I’m sure there are some high costs there, but still. What are the companies getting for it now? Nothing, because people can’t work to spend money on the things that are being made overseas.
Bring the jobs back, people get jobs, which gives them money, to buy the things that are now being built in the states. This helps the companies that are struggling now, right? This brings unemployment down, right?
The cash starts to circulate and the high costs incurred by the companies to bring their operations back, including the extra labor costs, would be nullified.
This isn’t something that the government is going to be able to fix, I don’t think. This is up to the companies themselves to resolve.
What am I missing?
Because of HIM
SC
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=1e9a88cb-c727-4a7c-977b-68353faded60)
|
|
|
|
|
 |
One Comment
Scott,
Good thoughts, my friend. I received an e-mail the other day with a related thought. The lady who wrote the original e-mail happened to look at the label for a home improvement item she was interested in purchasing. The label said, “Made in China”. She went to a different store, looked at the label for that store’s brand of the same item, and it said, “Made in the U.S.A.”
She began to check the labels on items she used every day and purchased often: toothpaste, Hershey’s chocolate, 60-watt light bulbs. She was surprised at the number of name-brand items produced by American companies that have been outsourced to foreign production facilities. She made a commitment to start reading labels every time she goes shopping, and start buying only products produced in the U.S.A. whenever possible.
I think she is on to something. This is something that every person can do to help promote American jobs and affect a resurgence in the economy. What a great idea for a grassroots movement that has the potential to send a strong message to manufacturers: “Support the American economy and workforce, and we will buy your stuff. Don’t, and we will buy your competitor’s stuff.” I like it!
Keep up the good work, Scott. Sorry to have been out of touch for so long. I’ve started actively blogging again over at http://www.sillyoldbear.net. I look forward to staying in touch once again.
God bless you, brother!
Paul
Paul O’Rear´s last blog ..Irish Blessings