Quote:
Originally Posted by aerohead
1) In 2019, $8.206103295-trillion was the number they were kicking around.
2) Spread over 30-years.
3) I divided by 30 to get the annual contribution.
4) Divided that by 365 to get the daily contribution.
5) Then divided that by 325,719,178 US population to get the daily per capita contribution ( 126,247,743 'families' )
6) I may have refueled at a LOVES Truckstop recently, and purchased a 20-ounce Berkshire Hathaway product, remembering the out-the-door price of $2.30. ( I use the urinal at KROGER when I come to town, and pass Star Bucks, observing a line of customers queued up in line to spend $5 on a cup of Joe, so I may me underestimating 'painless' discretionary spending )
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The most well known advocate of GND is AOC, and according to her we had 12 years to implement the GND or perish (that was like 2 years ago). That would explain a 10 year amortization schedule and not 30. Regardless, most of the costs are an annual expenditure and not something that can more easily be paid for by extending the payment period over decades.
Who was "they" and do you have a source for the $8T figure and 30 year plan?
Continued supply chain issues, labor shortages, and political turmoil are going a long way towards slowing CO2 emissions along with economic health. It's been a tiny glimpse for those advocates of GND and should warm their hearts and renew their resolve. Amplify the financial decline by a factor of 10x, and I believe one could claim "mission accomplished".