Alternate ways we could have invested the $7+ trillion sunk into the ecomonic crisis in the U.S.A.
After reading the top headline in today’s 10/24 daily digest, I recalled doing a calculation a while back on how much it would cost to put a 10 KW solar system on every private residence in the United States. The $7.4 trillion currently projected to be thrown at the economic crisis in the US would be almost exactly enough to pay for a 10 KW system (not including installation) on ALL 129 million private residences. A 10 KW system is considered by most to be more than enough to run pretty much everything in the average home except heating. A 10 KW system costs around $60,000. Here is my math:
$60,000 X 129 million homes = $7.74 trillion dollars.
Let’s discuss the implications of this alternative, as will as others.
224 happy meals for every person on the planet?
or 12.3 years worth of daily happy meals for the US population, or 4 years of breakfast lunch and dinner at mc’ds
or how about we take the 1121 dollars per person on the planet and buy 121 dollars worth of top economic titles like "Road to serfdom" and some more recent reads like "Crash Proof" by peter schiff and then see what everyone does investing the remaining 1,000 bucks.