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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat could we do with US $1.5 trillion?
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What we could do with $1.5 trillion: -Make college tuition-free -Provide universal preschool -Repair our crumbling infrastructure -Fund CHIP for 107 years -Rebuild Puerto Rico What Republicans did: -Give tax breaks to the wealthy and corporations
Where are Your self-interests?
Irish_Dem
(47,131 posts)An end to poverty, adequate food for all children, decent housing for all.
Edited to add: There are more than enough resources on this planet to make
these things reality. We just don't have the political will to make them happen.
exboyfil
(17,863 posts)in the Social Security Trust Fund. It works out that the $150B/yr. is about what the Trust fund will need for the next ten years. Rinse and repeat for the next ten years.
How would that not be an essential campaign issue. This is money borrowed from the lower and middle class. The high income earners had little to do with building it up, and the wealthy rent seekers none at all.
Igel
(35,320 posts)But that's silly talk.
The debt was already projected to be $12 trillion over that 10-year period. What could we do with $12 trillion? Apparently just what we're doing today. Well, a bit more each year for mandatory entitlements, a bit less each year for discretionary spending like infrastructure and education. So, actually, with that $12 trillion we can do a bit less, in many ways, than today.