Inflation

As the re industrialization of America gains momentum it will be difficult to control inflation. A number of things can be done to ease the problem. First off many regulations on business could be re evaluated as to their efficacy. Energy production could be maximized to reduce cost overall in particular transportation. As companies come home (reshoring) supply lines shorten and shipping cost decrease. The cost of a 40 foot shipping container increased from $1,800 to $8,300 during the past few years. Government subsidies could be reduced. Renewable subsidies jumped to $15.6 billion in fiscal year 2022 from $7.4 billion in fiscal year 2016, according to the Energy Information Administration's Federal Financial Interventions and Subsidies in Energy report. Subsidies to the oil companies in the form of depletion allowance are The IMF estimates that the total amount of fossil fuel subsidies worldwide is $5.4 trillion annually, while the US spends $646 billion annually on fossil fuel subsidies. The cost of new homes could be reduced by cutting back on unneeded regulations. According to a 2021 NAHB study, regulations add $93,870 to the average price of a new single-family home in the United States, which is 23.8% of the total cost. As the new production facilities come on line they will use the latest technology which will increase productivity and lower cost per unit. Reaching a peaceful settlement to the Ukraine war would lower government spending not to mention the human cost.