Monday, October 27, 2008

What you could do with 700 billion

From TIME:
  • Give every person in the U.S. $2,300 or give every household $6,200
  • Pay the income taxes of every American who makes $500,000 or less a year
  • Fully fund the Defense, Treasury, Education, State, Veterans Affairs, and Interior departments next year as well as NASA
  • Buy gasoline for every car in the U.S. for the next 16 months
  • Buy every NFL, NBA and Major League Baseball team and build each one a new stadium and pay your players $191 million apiece for a year
  • Create the 17th largest economy in the world-roughly equal to that of the Netherlands

OR...

You could pay off just 7% of the $9.8 trillion national debt.

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