Note that the $4 trillion the President spoke of Wednesday is spread out over eight and ten years, for more like $400 billion a year. Huge — but less than 2% of our GDP.
Is that too much to revitalize our infrastructure? To reverse the 40-year trend toward ever-increasing inequality?
The three richest Americans have a combined net worth greater than the bottom 160 million, according to Tax The Rich. That’s not a criticism of those three largely-great men; but it does suggest some recalibration may be in order.
Have a great weekend!