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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Scumbria who wrote (132261)2/11/2001 3:05:00 PM
From: TimF  Read Replies (1) | Respond to of 1570344
 
We could do one heck of a lot to fix up our educational system with $10 billion. We could send men back to the moon with $10 billion. We could pay down $10 billion worth of debt.

How could we fund these things with the $10bil the Concord coalition is talking about when it is a $10bil tax cut not a tax?

I'm not sure about sending men back to the moon. The Saturn V infrastructure is long gone. I suppose we could send men back to the moon if our only goals was to get a few there and the program was well managed but I don't see much point in the attempt. If we could fix up our educational system with $10bil then I don't see why it has not all ready been done. A lot more then $10bil has been spent on it. Paying back $10bil worth of debt would have a very minor effect on our debt level and the cost to finance it.

If we can do a bunch of wonderful things with $10bil spent by the government, then surely we can cut $10bil from other areas to support the effort. Also we can achieve a lot with $10bil in the hands of individuals. Not one big project that everyone can marvel at but a lot of little good things.

Overall though $10bil a year for our whole country amounts to an insignificant amount of money. Its less then $40 per person per year if it was distributed evenly, its about .1% of our GDP or about .5% of our tax revenue. My point was a tax cut of that size is so small that it will have very little effect. I suppose I wouldn't turn down my $40/year but it isn't very important one way or the other.

Tim