Freewrite: A hundred billion dollars
August 9th, 2008
Money is a powerful thing. It can drive men mad. Provide impetus for murder of children, elderly, cancer patients, and kittens. Money is a terrible thing to have. It is a fast track to superficial pomposity and other crimes of the upper class. But shit like that is never always true. A billion dollars is a lot of money but it’s not enough to solve the world’s problems. It can’t stop poverty for more than a week. It can’t stop natural disasters. It’s very difficult to bribe a nation into losing a war. You can’t stop crime. You can’t stop unemployment. What the hell can money do that is beneficial to mankind? We don’t have infinite wealth. A billion isn’t much. A hundred billion isn’t much. Thirteen trillion (America’s GDP), obviously still isn’t enough to bring about prosperity to all of the only 300 million citizens of America.
So what the fuck am I going to do with A billion measly dollars?
Being a capitalistic society driven by supply and demand and all there is only one responsibility for the economic citizen: spend.
In case your parents still have a job with a inflation adjusted salary greater than what it was 2 years ago, you should know we are in a very shitty period of economic shittiness. To solve the problem, last fiscal year the IRS sent everyone $600 + $300/child. There was only one instruction: Spend it and stimulate the economy. If you’ve taken an economics class you’ll know that in a capitalistic society materialism and spending too much money is the healthiest perscription for the economy.
Here’s the good news: It doesn’t matter if John and Bob each spend $600, or Chip alone spends $1200. The net economic benefit is the same.
The logical conclusion is that I should spend all 1 million dollars buying diamonds, iPods, laptops, Maserati’s, and a couple hundred big screen TVs. They have to be American made of course. The billion dollars I spend will be put into the pockets of Americans working to make those products.
The 2nd thing that would help the economy greatly is to spur entrepreneurship. Start a grant system in which entrepreneurs can pitch their idea and get a initial capital to begin their business. Imagine if Bill Gates never had enough money to start Microsoft and instead worked at Home Depot to pay for his apartment. We’d still be typing in a terminal with no graphics. There are plenty of people out there with great ideas that will benefit man kind but don’t have enough funding. A billion dollars can do that.
It is an unfortunate fact that there is no way to directly help people with a billion dollars. If I gave every working class family in America $500, it wouldn’t do shit because they would spend it and thats that. The focus must be on long term investments. Even spending money buying shit will spur innovation in respective companies. Simply there is no possibly way to end any disease, disaster etc. simply by giving money directly.
August 10th, 2008 at 1:32 pm
wow we started off nearly the same, but took completely different courses XD
btw…is that Sum 41?