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by nerdponx 1683 days ago
$100bn/year is still an astronomical amount of money.
3 comments

It's $300 per person per year.

Even factoring that I will have to cover for several other people who can't pay, all I say is, well we have an astronomical amount of infrastructure and it's been neglected for decades, and, as long as I get something for it.

I don't care that it's 100bn, that was going to be collected and spent on something regardless. I care far more about what it's spent on.

Maybe it will add incentive down the road to close the loopholes on the Bezos's of the world a little.

I like your optimism that it was going to be covered anyways and that you'll get something out of it
For a person: yes.

For 330 million people: no.

To compare: the US occupation of Afghanistan cost about this much per year, but that budget has been freed up.

I live in Europe and I see the same lack of basic understanding of finance. People claim the EU costs a lot of money. And it does. But not per person. Not at all.

And any reporter that talks about macro economic numbers like this without normalizing it per capita is either an idiot or is intentionally manipulating.

> To compare: the US occupation of Afghanistan cost about this much per year, but that budget has been freed up.

It has not. Do you think we downsized our military after leaving?

100E9/300E6~=333 that's ~2 netflix subscriptions per US citizen. Outlandish!
Yes, everything at the scale of 300+ million people all seeking a comfortable modern living standard is outlandish. That's my point!