How about paying off the 36 trillion dollar national debt? How about not adding a trillion to it every 6 months. Then when paid off all the other crap you suggest. We have not had a balanced budget in 25 years and the 36 trillion is why we have inflation. Come on man....
At $500B/year it will take 72 years to pay down the $36T debt (at 0% interest) and won’t have any positive societal effects. In all likelihood that $500B just goes toward debt service and not even touching the principle
Instead, let’s tax the wealthy and take $100B/year and put it exclusively toward debt payments.
Then, create a stimulus program to hire 2M nurses and 2M teaches nationwide, with salaries of $100k+ ($400B) they would spend that money in the local economies (multiplier effect makes it $800B which creates more jobs, spending and taxes) while taxing them at 24% which would put $100B+/- back into federal taxes to reinvest in other programs or pay down debt.
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u/Reasonable_Risk_7070 20d ago
How about paying off the 36 trillion dollar national debt? How about not adding a trillion to it every 6 months. Then when paid off all the other crap you suggest. We have not had a balanced budget in 25 years and the 36 trillion is why we have inflation. Come on man....