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How would you spend $700 billion?

Original post made by Resident, South of Midtown, on Sep 23, 2008

I would rather spend it on clean energy research, building up schools, and infrastructure. If you had $700 billion to spend, how would you spend it?

Investing $700 billion to hire new teachers, teach kids, bring up our educational standards, developing a new clean tech economy, and shoring up our infrastructure seems a much wiser and more profitable way to spend the public's money.

Comments (4)

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Posted by L. Kiffin
a resident of Fairmeadow
on Sep 23, 2008 at 9:23 am

700 billion? First, I would buy the 49ers and perfect cloning procedures to create a bioengineered hybrid team with Montana, Rice, Craig et. al on offense, and the '85 Bears on defense and of course Bill Walsh at coach. That could be done for about 1 billion dollars. Then, I would buy the Raiders and change their uniforms to all pink, and change the logo from that mean looking "Raider" to a picture of Sandra Bernhard. There goes about 2 million bucks.
Then, I would build a nuclear powered desalinization plant. How much is that?

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Posted by 700B and counting
a resident of Community Center
on Sep 23, 2008 at 9:27 am

I would spend it on anything that will make us Energy independent with respect to oil. This will save a lot of American lives that we lose in places like mid-east etc.
It will also help in averting a cold war with Russia that seems to be flexing its muscles lately becoming very rich due to oil exports. Reagan won the cold war by making Russia poor. History has a lot of lessons for us.
Most Americans have no clue what 700B means.
The bailout will make the dollar even weaker and Americans further poorer with respect to the world - making us many steps further away from mid-east independence and a brewing Russian Cold War.
God bless America?

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Posted by Walter_E_Wallis
a resident of Midtown
on Sep 24, 2008 at 5:42 am

Walter_E_Wallis is a registered user.

If I had 700 billion, I would give it back to the folks from whom it had been taken, with the assumption anyone who can earn money can best determine how to spend it.

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Posted by old-fashioned conservative
a resident of Another Palo Alto neighborhood
on Sep 24, 2008 at 10:01 am

Are you talking about the one-time finance sector bailout, or are you talking about the $750 billion to $1 trillion we spend every year because of private insurance companies (mostly administration and profit) in our healthcare sector?

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