FISCAL STIMULUS: SPEND TRILLIONS!!!
FISCAL STIMULUS: SPEND TRILLIONS!!!
How Much is $1.9 Trillion?
Senator: "We need to do something. So let's spend some money. We already spent 2 or 3 trillion but we need to add maybe a soupçon more. I know... how about, say, $1.9 trillion?"
Congressman: "Gosh, that sounds good. How much is that anyway?"
Only kidding. No member of Congress would ever ask "how much is that?" They have no idea of the answer, but who cares, right? They aren't paying for it personally. "How much is that?" is exactly the question we should want them to ask, however. The answer might surprise them. Maybe if more people in Congress and across the country could wrap their arms around the significance of "$1.9 trillion," they would think about it a little differently and not be so quick to print the extra money.That's what this website is all about. One simple thing: giving folks a better handle on what 1.9 trillion really means. Spoiler alert: it's a very, very big number.
Let's Look at it a Few Different Ways
Count it Out
How Long Would it Take?
It might be tempting to ask each member of Congress to count that amount of money, dollar by dollar. But that would be cruel. So let's give them a break. Let's have them count it out in hundred-dollar bills. And let's allow them to split up the task--there are 535 members of Congress, so each of them only has to count out their own fractional share (1/535th of the total). Seem fair? Good. Now suppose each of them spends 12 hours a day, seven days a week, counting a hundred-dollar-bill each second. How much time would it take all of Congress to perform this task parceled out amongst them? Could they do it in a year?
Time Machine
Take Us Back
Let's have some fun and ask it this way: if we were to calculate how long it would take and then went back in time by that amount, where would we be? Maybe in the time Bill Clinton was President? No, there's farther to go. In the time of the first moon landing? Farther. At the outbreak of World War II? Pick up the pace. Do you think it could be as far back as when the Pilgrims landed on the Mayflower at Plymouth Rock? (Clue: wrong boat)
Making History
Longer Than You Thought?
Actually, you'd need to spend around another 200 years past the Mayflower in that time machine, because if you were to rewind by the amount of time it would take all of Congress working together 12 hours per day, seven days a week to count $1.9 trillion in hundred-dollar bills, you would end about 75 years before Columbus came over on la Santa Maria, with la Niña and la Pinta tagging along.
By the Dollar
A Different Era
Good thing we didn't make them count dollar by dollar. If you were to rewind the amount of time it would take all of Congress to count $1.9 trillion at one-dollar-bill each second, even if they split the work amongst themselves you would end up in the period when Neanderthal man roamed much of Europe and Asia. In fact, you'd be able to spend many days with the Neanderthals, because you would have stepped off your time machine at least 20 thousand years before they went extinct.
How Much Would It Weigh?
Probably A Lot!
If you were to take 1.9 trillion dollar-bills and weigh them, where would that tip the scales? Would they weigh as much as a minivan with a family of 6 and all their luggage inside? Heavier, I'm afraid. A Mack truck fully loaded with steel bars? A bigger load still. How about a 100-car coal train filled to the brim? Not if you mean just one such train. As much as the world's largest aircraft carrier with a complete crew and all the jets?
Top Gun?
Projecting Power
Actually, the world's largest aircraft carrier is the USS Gerald R Ford with a full load displacement of 100,000 tons. But even if you added all ten other nuclear powered carriers in the U.S. fleet (including the USS Nimitz, close behind at 97,000 tons), fully loaded alongside the Gerald R. Ford, they would not weigh as much as 1.9 trillion dollar-bills. Now if you took that entire fleet of carriers and doubled it, you'd be getting close. Because that many dollar-bills would weigh more than 2 million tons!
What Else Could We Buy With $1.9 trillion?
We're About to Find Out!
Let's Go Shopping
What to Choose?
Always hard to make shopping decisions--there are so many different things you can buy on Amazon. I have an idea--how about we repeat every single purchase on Amazon made by everyone in America for the past year? Can we really do that with $1.9 trillion? Why, yes we can! In fact, we can buy up absolutely everything Amazon sells for the next 5 years! And with the Amazon "Smile" program that contributes .5% of our purchase to the charities of our choice, as a bonus, we can almost double the entire annual revenue of the Salvation Army and the St. Jude Children's Research Hospital combined, in each of those 5 years!
Speaking of Hospitals
Call Me a Doctor!
How many doctor visits and hospital stays could we pay for with $1.9 trillion dollars. I know, medical bills are not cheap. Could we, maybe, pay for all doctor visits and hospital stays for everyone in America for the next month? Sure we could. In fact, we can pick up the tab for all hospital care and all physician and clinical services in the United States for the next 12 months! Every hospital, public and private. Every doctor and surgeon in every state in the country, at their private offices, at clinics, at urgent care centers and ERs, and in the hospitals. All on us.
Maybe a Skyscraper or Two
Build Back Better, You Say?
One World Trade Center, a/k/a "The Freedom Tower" is the most expensive office building in the world. Could we build it again for our $1.9 trillion? Come on, we can do better than that. I don't want to ask too much, but would perhaps constructing every building pictured above be a possibility? Of course it would. In fact, for the amount we have to spend, let's build at least 475 replicas of The Freedom Tower in cities and towns all over the country. Not only will it show our patriotism, think of all the jobs it would create!
But... Some People Don't Even Have a Roof Over Their Head
Help for the Homeless
Homelessness is one of the great tragedies in America. Can't we do something--maybe help every homeless person rent a little apartment for a few years? Where's your heart--the homeless deserve better than that! Do you mean we could buy them each a home of their own? Not only a home, with $1.9 trillion, we can purchase a $3 million mansion for each and every homeless person in the United States. Or, more realistically, we could buy them each just a $2 million home and have enough left over to give them all an annual budget of $100,000 (a hundred thousand dollars) every year for the next ten years--sort of get them back on their feet.
Peace in the Middle East?
A Solution at Long Last
Perhaps the most elusive prize in international diplomacy over many decades has been a solution to the conflict between Israelis and Palestinians. In the last 50 years, it has been sought by everyone from Jimmy Carter to Bill Clinton and Donald Trump with some other notable (or notorious) players like Henry Kissinger and Jared Kushner among many others. All these efforts have failed. But we at fiscalstimulus.com are certain we have found the answer and have come up with the core element of an almost foolproof Mideast Peace Plan, because we have what all those others did not: $1.9 trillion.
We believe the Palestinians will be motivated to make the requisite compromises when the following package is included in the deal, all of which, and more, can be bought with our pot of dough:
- To start with, let's offer to give a quarter million dollars to each and every Palestinian over the age of 15 in the West Bank and Gaza. That should at least get their attention.
- Housing tends to be substandard there and we wouldn't want them to have to use that grubstake for building (or rebuilding) their residences. So let's arrange for every Palestinian family to have a nice new home. Not the mansions that we could build for our homeless, but construction is cheaper over there so we are talking about some very posh houses, each with a swimming pool if desired.
- They'll need some nice places to spend their new-found wealth, and we know just where to go for the blueprints: Dubai. The Dubai Mall is the second largest in the world. Aside from more than 1,200 stores, the mall has its own neighborhoods — including a high-fashion district like Bond Street in London or New York's Fifth Avenue, and "The Village," an open-air "street" — along with hundreds of restaurants, movie theaters, a luxury hotel, an Olympic-size ice-skating rink, a virtual-reality theme park, and a a major aquarium. With all the other incentives we're offering, can we afford to build them such a mall? Of course, as if you had to ask. But one mall could get crowded. So let's build them 10 Dubai Malls, each with its own special features. At least two for the Gaza Strip. But there's more...
- Most Palestinians are Muslims who take considerable pride in their religion. Let's help them celebrate and honor that. Maybe build them a beautiful mosque? Well, sure, but it couldn't be just any beautiful mosque. Where could we go to find the model for a mosque appropriate to their highest aspirations? Look no further than Abu Dhabi. The stunningly beautiful Sheikh Zayed Mosque covers more than 30 acres (not including parking lots) and can accommodate over 40 thousand worshippers. It holds three World Records in the Guinness Book, for largest handwoven carpet, the most massive chandelier, and the biggest dome of its kind. In the words of a CNN report, "its spiritual significance and endless superlatives come together under 82 white marble domes, 1,096 exterior columns, 96 semi-precious jewel-encrusted internal columns and seven 24-carat gold plated Swarovski crystal chandeliers." It is one of the top-rated landmarks in all the world--in the years leading up to the pandemic, it was getting over 6 million tourist visits annually. Really? That would be nice, but can we afford that too? Well, why not?! But some of the citizens of a future Palestinian nation would have to drive a good ways and surely we want it more readily accessible to everyone. So let's arrange to have a Sheikh Zayed Mosque every... hmmm... 10 square miles, customized to local tastes. That way no one would have to go more than a mile or two to worship there whenever they please.
- When they do need to go places, we wouldn't want the Palestinians to have to drive in some jalopy. So, it goes without saying that we should buy everyone of driving age a brand new car. It'll be up to them to choose make and model, but, by way of illustration, we can easily add a new, well-equipped Toyota for all without breaking our budget.
- It's always been a problem that the West Bank and Gaza are not connected. One proposal has been to build a secure tunnel between the two. So we would, of course, throw that into the bargain: a tunnel large enough for auto traffic and a railroad. It won't cost much more than 2% of the cash we'd have on hand.
- There's a lot to manage and more to be done. To give the new government a chance, we'll offer them as much cash as the entire gross domestic product of neighboring Jordan for each of the first 5 years of nationhood to create specified infrastructure like an airport, hospitals, universities, schools, unlimited Wi-Fi everywhere, public utilities, etc.
We believe that proposing these investments will not only create sufficient flexibility to work out all the details of borders and land swaps, but ultimately all this will launch one of the most vibrant, sophisticated economies in the world. Investors from across the globe will pour cash into the new country. Millions upon millions of tourists will visit every year and spend up a storm. All the new construction projects and enterprises will provide full employment and secure salaries for generations to come.
Wait, you might say. What's in this for Israel? They worry about security and territory, so what's their incentive to compromise? Well, first, a fabulously wealthy Palestine will have no time or inclination to risk it all with violence. But to put their fears at rest, there's a bit left over for Israeli defense needs. The U.S. has already committed to providing $38 billion in military aid, including missile defense, over a ten-year period, which amounts to more than ever. Actually, there's enough left from the $1.9 trillion to provide Israel a boost to that aid... to the tune of another $300 billion! That's sure to help them sleep better at night and seal the deal with the Palestinians, maybe over a plate of falafel with a side of hummus--extra tahini please.
As you can see by now, judicious use of $1.9 trillion really could pay for lots of things over there and easily get us to Mideast peace. And wouldn't that be worth it?
So, How Much is $1.9 Trillion?
We hope this has given you a little better feel for it. Please share with your congressional representatives in the House and Senate and with as many other people as you can. To review:
We've Counted It
And Traveled Through Time
We've Weighed It
And Seen It Involves More Tonnage Than Multiple 100-Car Coal Trains and Aircraft Carriers Fully Loaded
And We've Seen a Few Examples Among the Many Things We Could Buy
From Purchasing All Amazon Sells for 5 Years to Paying Everyone's Medical Bills to Building Mansions for the Homeless to Creating Peace in the Middle East
And Now It's Up to YOU!
$1.9 Trillion Really Is An Enormous Amount of Money. Spread the Word. Share Your Ideas With Us. Make Them Think Twice Before Using the Word "Trillion."
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