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>Best way to do that is a strong investment in people, infrastructure, research, development, and an improved social policy. I'm skeptical whether creating fun
by boomboomsubban 6y ago
>Best way to do that is a strong investment in people, infrastructure, research, development, and an improved social policy.
I'm skeptical whether creating funds that are forced to invest in the stock market would count as investment in those areas. Those sound like giving more money to the billionaire hedge fund mamagers.
- ddingus 6y agoI am too. If it were me, every single one of those things would be Federal, with appropriate State involvement where necessary. Basically, the people acting directly through government to improve their common lot. Again, think Interstate Highway Project. Private investment can happen along side and should. But the core things are public works so that the primary returns are either going back to the treasury to pay down debt, or going to people to reduce their cost and risk exposure or employ them at meaningful compensation levels. Directly employ people for infrastructure too. The usual people do not need more money. They will benefit from public works, will have to compete and or can invest alongside, same as they did last time. We all benefit.
- boomboomsubban 6y agoReplying to a post criticizing Ackman's plan made it seem like you were defending that plan, but your plan is completely different. I misunderstood what point you were making.
- ddingus 6y agoAll good. Was just kind of flowing in the moment. Didn't mean to be confusing. Cheers!