Thursday, January 11, 2024

Reshoring

Nancy Pelosi was on Morning Joe today and she said the big issues for the 2024 election will be climate change, abortion and the threat to democracy while republicans are most concerned about inflation, the border and crime. Left out of polls but gaining attention is Ukraine. Regardless of who is elected the economy will boom as reshoring will lead to a doubling of the industrial base over the next few years. Those predicting the end of the country if either of the front runners are elected seem unaware of the changes that the end of globalization will bring. These changes will demand that fossil fuels increase to meet the demands of industry. This will help to offset the effect of inflation that will accompany the rapid growth in the economy. As the number of good high paying jobs increase and in time the inflation tends downward people will forget all about the election.

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