We don't have workers to fill all the available jobs in the United states.
Some politicians on both sides want to use big government to bring jobs back from other countries.
Anyone see an issue here? There are actually several.
First, perhaps, we should allow workers from other countries in to fill the jobs we have.
This would accomplish a lot more than we see at the surface level. It would solve the immigration issue and the inflation issue for starters.
First immigration and labor: A lot of folks are trying to get into the country for work, and a lot of jobs are looking for workers. What a great opportunity to solve both problems at the same time!
Second, inflation: we have inflation for the same reason we always have inflation. There are too many dollars chasing too few goods. That is the classic definition of inflation. The Fed answer to inflation is to slow down the money by increasing interest rates. Wouldn't it be much smarter to increase the number of goods? Increasing the workforce would do just that.
As for industrial policy: Increasing the number of jobs in a place where we already have more jobs than workers would raise wages, but also raise the price of goods. That is inflationary by nature. Industrial policy increases taxes because it is our money they are using to draw the jobs by subsidizing factories. It results in higher prices in other ways such as punitive tariffs which the end user always pays.
We have some complex problems with very simple answers which we could solve in a matter of months, if not weeks if our leaders would do what they already know is right!