No. of Recommendations: 1
Yes, we do have a plurality of people who don't have a lot of money.
I'm not saying my idea is perfect heck it's not even spelled out.
In spirit, as a big picture, moonshot kind of thing.....
$2000 per year.....every man woman child, starting now.
Yeah, it'll suck - for some more than others. Maybe some exemptions. Maybe some surcharges.
I'm just saying, $2k per year to be in America.....I'd take the deal.
4k per year on 50% of Americans?
That's a tough sell. But "The American Consumer is great!" -- yeah it is. Sadly, maybe I need to spend $4k a year and erase my country's debt.....versus going on more vacations, or eating out as much. Maybe a few less features on the next car. How many Americans hav e $4k+ in discretionary income? Many do.
Will it hurt? Yeah. 30 trillion hurts.
But who knows, will "interest" being one of my country's biggest expenditures hurt too? Perhaps.
Fair shared sacrifice.
We all look at the man in the mirror: "Hey buddy. You'll pay more. And Get less. Have a nice day sign here"
I'm just saying - we can argue every 4 years over who pays a higher top rate or who is a welfare queen or Joe the Plumber or whatever.....
I'm just talking about a blunt, universal, everyone pay the piper.
Yes, S and p 500 earnings go down, Americans would buy less shit they don't need with money they don't have.
Hey, I love living off the fat of the American consumer - believe me believe me I do. But I just see this tact as blunt force to pay the bill off. And maybe everyone can play board games and eat sandwiches....and yeah, restaurant business and streaming business suffers.
Shit, happens.