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The biggest lie in America today is that we don’t have the money. We bailed the banks out for $4 trillion and gave big companies a $1.5 trillion tax cut. Our GDP is $20+ trillion up $5 trillion in 12 years. We are the richest society in history and can easily afford a dividend.
Most of the money would stay right in our economy anyway - go to car repairs, daycare, little league signups, etc and create 2 million jobs in our local communities. It’s not like the money disappears - instead it is spent in the most impactful ways possible.
One study said that alleviating poverty would increase our GDP by $700 billion based just on better health and education outcomes. That doesn’t include the massive increases in entrepreneurship and creativity. Investing in ourselves is the best investment we could make.
I call it the Trickle Up Economy - from people, families and communities up. It’s good for businesses obviously but more importantly it’s good for us. It would make us stronger, healthier, mentally healthier, more productive, more creative and more generous.
