$300,000,000,000 = 4,000,000 X $75,000

[dkofos]

300 billion dollars

That is all it would take to put 4 million people to work @ $75,000/year.

[FarCenter]

1. For one year, and then what?

It actually requires capital investment of much more than $75,000 to create a job that lasts indefinitely. Capital investment per employee varies considerably by industry, but it is generally in the hundreds of thousands of dollars.

[dkofos]

5. I am talking govt. jobs.

EPA inspectors, CPS inspectors, border patrol agents, etc.

[progressoid]

12. And then another $350,000,000,000 the next year.

And then $400,000,000,000 and then $500,000,000,000 and ...

[dkofos]

15. Yes. If that is what it takes to rebuild our TOTALLY FUCKED UP ECONOMY.

Would you rather piss away $300 BILLION on a useless war.

Who exactly benefits from that??

[Thothmes]

13. But still for only one year.

[dkofos]

17. 5, 10, 20 Who knows. Would you rather spend 300 billion on a war

to benefit a few thousand in the MIC, or use that money to
employ 4,000,000 people at a livable wage??

[Thothmes]

37. No, but spending X billion dollars to hire bureaucrats

does nothing for me. The produce nothing. We need steel workers, auto worker, miners, loggers, truck drivers, farmers. Giving X Billion to X million
works for a short time but does not produce real wealth. Whow do you propose to start up the mills, factorys, shops, sides etc.

[RUMMYisFROSTED]

2. It's also the amount of interest we pay on the debt every year.

[Bandit]

4. That used to be the amount when our debt was only 9 trillion

It has gone up by a couple of trillion since then..Imagine if all of a sudden we started seeing some real inflation...Say interest rates jumped to three percent or four percent..or heaven forbide as they were in the seventies, eighteen percent..

[RUMMYisFROSTED]

9. -

[dkofos]

6. I'm thinking it is half of the interest we pay.

[MannyGoldstein]

3. But After The Bankers Get Their Share, Only 100B Left

So maybe 1.3 million jobs. Although the bankers will hire people to clean the pool, etc, so perhaps a few more jobs.

Also, if $300B a year is as insufficient as Paul Krugman argues, then we may have deflation, which will cause the Predator Class to pare spending, which will also reduce jobs quite a lot.

[dkofos]

7. These are govt. jobs. Screw the bankers.

[MannyGoldstein]

20. *You* Are Not Getting A Holiday Card From Chucky Schumer This Year

If a large portion didn't go to help the bankers, then what would it say about our government? About our way of life?

[dkofos]

23. I don't expect one.

[InkAddict]

8. Doncha think that's a little simplistic....

I mean, what are they to do...manufacturing has gone to China; customer service has gone to India; financials are hiding in the Caymans. Putting thousands in reflective vests staring down holes in the roads doesn't seem viable either because they're untrained to do that.

Oh, and don't forget the approximate 33% tax rebate back to the benefactor, Uncle Sam, for military services rendered in occupied lands.

However, out of this 3-person household, you can sign two of them up as job-site surfing "Economic Stimulators" and bring on those bi-weekly checks.

Yup, that'll work! Maybe I can go to the doctor, dentist, and get new glasses.

[dkofos]

10. Yes it is simplistic. That is the whole point.

[lumberjack_jeff]

16. Simple doesn't mean simplistic.

Unlike the bank bailout, for instance, $300 directly to citizens would create a great many jobs among those who provide goods and services to the recipients.

How about some trickle up economics? It would have to work better than what we've been doing.

[progressoid]

11. 75K??

gonna give them more money than most of the country makes?

[dkofos]

14. It's just a number I chose to make the math easy for the # challenged

If you want to work for less, that's fine with me.

[Fleshdancer]

18. what about taxes and benefits?

Shouldn't the cost of an employee be a little higher than what they make?

[dkofos]

21. And your point is??

[Fleshdancer]

26. just that the amount would be more?

:shrug:

[dkofos]

27. I guess I could change my numbers to make you happy.

But I won't.

[NOW tense]

19. Did you know that if you made it rain with $1 bills

and they landed perfectly next to each other that $300 billion dollars would cover 1,198.57 square miles. That is if my calculations are correct.

Make it Rain! Make it Rain!

[dkofos]

22. I see you missed the point completely.

[NOW tense]

24. No I got the point

I just dork out on numbers sometimes.

[dkofos]

25. Did you know, that is roughly the size of Rhode Island??

[NOW tense]

28. I tried Delaware and New Jersey then gave up.

I guess money doesn't really go as far as we would like it to and that is my point. Giving 4 million people jobs for a year doesn't really go that far. It sounds big until you look at it on a map.

[dkofos]

29. But making those 4 million jobs permanent would.

[NOW tense]

30. It would I agree.

[w8liftinglady]

31. I think that is a great goal.

It would enable peole to do good works for the nation and pull thamselves out of poverty.I would like to see maybe half of that translated to jobs that paid $45,000 a year for unskilled/semi-skilled labor to help the truly poor pull themselves up.

[dkofos]

32. We need to replace the 3 million jobs that bush lost. This would be a good start.

[dysfunctional press]

33. why don't we just declare chapter 7 and get it over and done with already...?

push the reset button and bring back the tariffs and the manufacturing...before china can actually do much about it.


oops...too late. :shrug:

[dkofos]

35. I don't see how that would help us or the rest of the world.

What we need is a $2 trillion redistribution of wealth.

Tax the FILTHY RICH, which will leave them only STINKING RICH,
and push the money back in at the bottom.

[Occam Bandage]

34. For one year. And if you can't find anything productive for them to do,

you've done nothing that simply printing an extra three hundred billion wouldn't have done.

[dkofos]

36. Not just for one year, PERMANENT. And I expect actual productive

work to be done. I bet if you think about it for five minutes
even you could come up with a list of jobs eliminated under bush
that we really need.