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My plan for the future.

Personally, doesn't matter to me as the world is gonna wake up to a shock in the next few days if the rumors are true that China is gonna do a Yuan gold benchmark and prevent US dollar convertibility into it.

That sounds like a new thread subject to me. But my question remains unanswered.
 
these are the 3 main things that always pop into my head of real shifts in the US economy.

wrong, real shifts come from amazing Republican private sector supply side inventions not from dumb govt soviet bureaucrats taxing and spending on repaving roads. Do you understand?
 
wrong, real shifts come from amazing Republican private sector supply side inventions not from dumb govt soviet bureaucrats taxing and spending on repaving roads. Do you understand?

Maybe you should pay attention to what I said.. first... I'll lay out a 3 point plan on how to fix the longer underlying issues within the US economy. Nothing a proposed is outside of what is already expected by the US population, Republican or Democrat.. as the Government roll to do.
 
Maybe you should pay attention to what I said.. first... I'll lay out a 3 point plan on how to fix the longer underlying issues within the US economy. Nothing a proposed is outside of what is already expected by the US population, Republican or Democrat.. as the Government roll to do.

you said real shifts in US economy would come from libsoviet bureaucrats repaving roads and building bridges to nowhere and nothing about inventing new computers, space travel, curing cancer etc etc!!
 
Since I've been highly criticized for being just a "nay sayer" who finds issues with others "economic" theory (MMT is not an economic theory, it's a finance theory).. I'll lay out a 3 point plan on how to fix the longer underlying issues within the US economy using a broad spectrum of economic theories.

1) Local Infrastructure rebuild/build.

1. This would include increasing the fiber optics backbone to support future growth in the 21st and 22nd century. Last mile (to the home via Coax) to support DOCSIS 3.1 which would bring 680/122Mbits to the home for everybody. It will also allow future upgrade to support in the doubling of the speed in the future.

To cover the costs in the long run (debt payment due to bonds) FCC will assess a fee of $50 a year ($4.16 per month). This would collect $6b a year and only used to pay for this debt and this debt will paid off in 24 years, 6 years earlier then the 30 year bonds issued.

Once the network is laid all ISPs can only charge $15 a month ($19.16 in total) for internet service. That collection of $15 a month is for upkeep of service.

Note: this does not include your TV cable costs which is where Cable companies would make their money.

2. Every school in the US gets labtop for every student and every two years that labtop is exchanged for a "newer" one.

This means there is no "homework" to take home and no excuses for missed school work. Every "homework" assignment will be upload on a website (school servers) to do.

Note: lost labtops will cost the parents $400.


3. The final part of Local Infrastructure is mass transit (light rail, metro, trams) in any metro area over 500,000 or expanding it. So for example.. NYC and Chicago would not benefit from it, but cities like Denver, Indy, KC, Columbus, Austin, Houston, Miami and so forth will.


2) National Infrastructure.

This is pretty simple.

1. Highspeed trains between major cities. So Acela line in the Northeast will have a dedicated line and extended down to Miami. Now the fun part.. Building highspeed lines along Interstate Highway system. For examples.. I-80/I-90/I-76(NYC to Chicago to Denver), I-94/401(Chicago to Detriot to Toronto), I-76/I-70 (Philly to Denver), I-25 (Billings to El Paso), I-5 (Vancouver to San Diego). Obviously Canada and US would have to agree to do this to extend it to Vancouver and Toronto but I don't see that as a major hurdle.

Note: I don't know how feasible it would be to build highspeed from Denver/Cheyenne to San Fran due to the Rockies.

This will create really 3 defacto hub cities ( Chicago, Denver and NYC) like it use to be.

2. Rebuild all the Bridges in the US.


3) The Desalination plants and wind plants.

This is specifically for the west coast. Up to 100 plants built for both from Seattle to San Diego. All 100 plants capable of providing water and providing energy along the coast. This is done hand in hand to A) reduce cost of Desalination and B) any excess wind power not used will hit the grid.

The size of the Desalination plant would be that similar to Carlsbad, CA now in operation. 50,000,000 US gallons per day (or 100,000 homes). So that would be 10m homes.


Now we can quibble over details.. but these are the 3 main things that always pop into my head of real shifts in the US economy. It's about lower costs to the public, boosting education and can fund itself via fees of which we already pay but actually don't get us anything.

I'd focus on the hyperloop instead of rail. Its a win win everywhere. Lower cost, people and freight travel at almost the speed of light, takes little energy to do it, all run on solar. What I am imagining is a network of hyperloops where freight traves in semi capsules. And then in those patches where the semi capsule has to use normal roads, it is electric with driverless autonomous technology. This would drastically speed up transport of goods, at the fraction of cost, much more safely and cleanly. Maybe I could even get fresh Kale from Wal Mart. This is the kind of infrastructure that more than pays for itself and will lower the cost of goods to consumers.

I think tax carbon at real cost and eliminate subsidies on both renewable and oil, and the market will hasten the pace to 100% renewable. Companies like Solar City will do the rest. Ray Kurzweil: Solar Will Dominate Energy Within 12 Years - Fortune
 
. I'll lay out a 3 point plan on how to fix the longer underlying issues within the US economy. .

sadly your plan is 100% mistaken as it does not recognize that repaving roads is a trivial underlying issue. The main issue is new private sector inventions and new efficiencies . Thats how we got from the stone age to here. A monkey can repave roads!
 
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