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We're living in a time of massive, panicky, unfair, ineffective corporate welfare bailouts. People are scared and they want to help the economy, but we can and must do better than dumping money into a hole.Let's take just $150 billion and instead of spending it on the banks that got us where we are today, lets start to transform our nation's power plants to solar, wind, and other clean-renewable, home-produced energy. This will create MASSIVE AMOUNTS OF NEW JOBS that will lift us out of the current troubles. Furthermore, it will put us well on the path to CONFRONTING THE CLIMATE CRISIS. This will benefit everyone.
If we spent half of that $150 billion on wages that would come to 1.5 million workers making $50,000 per year for one year. Talk about stimulus!
I say $150 billion because that is the sum Obama has said he wants to spend in 10 years to confront our environmental problems. I say, if we're going to do it anyway, let's speed that up to one or two years and start spending it now when we need the stimulus. This would address two problems at once (jobs and the environment) and contribute less to the national debt, which has to be paid back by us.
