RE: Shifting to local to local economy?

Alex, this time I believe you are totally wrong. It is the socialism view that jobs must be local. The capitalism view is that the companies should hire people wherever they get more for the money they pay. It is the free market that should decide where the business will be established. Capital has no border. It will go to the places where it can produce more value. No government should decide or influence that. The role of the government is as a administrator of the public services (the less, the better - as state can not be efficient as it has no equal competitors).