The economy as well as jobs paint one picture, while the deficit paints on a completely different canvas.
Full employment is ideal and probably unachievable since it predicates anyone who is willing and able to work can find a job. The operatives being “willing” and “able” are more likely obstacles to an unemployment rate of zero.
There are 6 million unemployed American as of September 2021. If Congress is relying on infrastructure improvements alone to make a dent in that number, it is unlikely largely because of the prerequisite skills needed.
Eco 101 ties the economy to supply and demand for goods and services. Guess what? We have way too many already. Increasing goods and services only works with a local supply chain and is driven by the larger corporations who can invest in R&D and then killer advertising campaigns.
Wall Street versus Main Street is and always has been where capitalism fueled by the need to make ‘stockholders’ profits, corrupts our system absolutely. It’s infectious to both the red and the blue. The best of both parties have in the past and will again in the future fall prey to stockholders rather than constituents. It’s human nature and shouldn’t be argued. Just corrected. How? Term Limits.
“After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens” – Amazon spokeswoman Jodi Seth – February 2019
After Amazon pulled the plug on opening up a corporate headquarters in Long Island City, here’s what AOC had to say about it.
“Anything is possible,” she tweeted on Thursday in response to Amazon’s decision. “Today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon’s corporate greed, its worker exploitation, and the power of the richest man in the world.” February 2019
The concept has been introduced many time to developers that a live where you work environment is good for the participants as well as the local government. An initiative that would create 5,000 jobs in a condensed area is doable these days with telecommuting. The rest is local retail shops. An example of this is Co-Op City in the Bronx. However imagine a 21st century footprint, and on smaller scales. Add the educational component and there you have it. Jobs, housing, and a new local economy in the woods so to speak.