Dee Feat is in Dee Flation - part the forty eighth

There's been a bit of a flurry from The Right that on-shoring manufacturing and supporting better wage jobs (the kind the sub-GED crowd don't qualify for), will just increase inflation pressure. The assumption being that inflation is always and only sourced from wages. We know that ain't be true, just look at how Covid kicked the shit out of Supply.

While it's not been front-of-mind by the econ pundit class (IMHO, because it contradicts the Right Wingnut class) for some time, looking at the economy from the perspective of input-output analysis leads one to see that having a balanced, self-sufficient economy demands that the majority have to have the majority of the moolah in order to 'clear the market' for each sector. If an economy devolves into the 99% producing solely for the 1%, it doesn't take much disturbance to knock the whole shootin match into a cocked hat. The Great Depression is just the most recent event. The USofA's 19th century experience was one Great Depression after another.

It's notable that UAW pulled off a major upset in Tennessee and VW. It could be that some of the sub-GED clan are finally figuring out that MAGA only serves the 1% overseers.

Shortly after 11 pm ET on Friday the National Labor Relations Board, the federal body that oversees such votes, announced that 73% of the 3,600 workers at the plant who cast ballots had voted in favor of joining the union. There was an 84% turnout among eligible voters.

That's the sort of landslide that the Orange Jesus can only lie about.

May be that Boeing will accept reality and on-shore their Plastic Plane production back to Seattle from South Carolina?