Buy American; keep jobs here
Many solutions have been offered to fix our economy and rebuild our great nation. In a recent Daily Herald - another possible solution from Giovanni in Elgin. Each has merit and is offered by a very concerned citizen of our USA.
Giovanni is in banking and his solution would be to offer money to citizens that must be spent, not saved. For sure - this would stimulate the economy and we could buy more goods from China. Bummer - many of us still don't get it!
The source of the money Giovanni speaks of is? The U.S. government. We, you and me, are the U.S. government. Taking dollars from my right pocket and putting those dollars in my left pocket will not increase my worth.
Good paying manufacturing jobs must return to the USA. Only then will the average middle class citizen have a steady flow of dollars - dollars that he or she earned. Only then will our real middle class citizen be able to hold their head up high and spend the dollars they earned!
Unless we spend earned dollars we will only continue to dig this economic hole deeper.
Not having a product to trade with other countries has produced our embarrassing balance of trade with China and other countries. Those other countries are slowly buying sections of our real estate, not good folks!
A good example of dollars not doing it - our government/we have given the financial industry about $350 billion in the last few months. Wow, good for them, how about you - did you see any of that cash? Sure you did, when it left your pocket and went to theirs!
We do not need more citizens on welfare - no more $10-an-hour jobs, please.
Our government even missed the point of lost taxes. A $10-an-hour job pays next to nothing in taxes. A $30-an-hour job pays enough to sustain our government. Lets get with it people - buy American and help your neighbor keep his or her job!
Ron Petrucci
St. Charles