So, the actual total price tag is far in excess of $52 trillion. And financing by confiscating wealth, as opposed to annual inflows like income, is a finite resource. This is designed to be unsustainable.
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How do you "spend money" on tax cuts?
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1) According to the Guardian, the aggregate net worth of all US billionaires in 2018 was $9.1T. Take every penny and that pays for 2 years of Warren's health plan. And then what?
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2) And that is actually way overoptimistic. There is a common fallacy about "net worth" that it is equal to "money they can spend."" It's not, at all.
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And yet crazily, people are planning to vote for her.
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This is just health care.
#GreenNewDeal is several trillion more per year. -
Good. We need to invest in infrastructure, environment, and jobs
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How do most other countries in the world figure this out but for us it is just "impossible"? Seems like maybe it is just the established system standing in the way of much needed change.
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