This just in: One of my favorite movies of all time is Heaven Can Wait. In it, there is a situation where a board meeting says they need to sometimes kill a dolphin because it gets caught in tuna fishing nets. Warren Beatty suggests taking the time to free the dolphin even though that will cost money. He then says, “So what if we pay a little more to get our tuna. We can charge more. We can have a campaign that says “Would you pay a dime to save a dolphin?”” He then states the obvious, “We don’t care how much it costs. We care how much we make.”
We don’t care how much it costs. We care how much we make.
This is the essence of the Build Back Better plan. No only will it be paid for be higher taxes on those making over $400K a year, but it also will pay back by having a larger, healthier and more motivated workforce.
Feeding children will help our GDP.
Educating our children will enable people to get better paying jobs and help our GDP.
Helping with childcare will free up people to work and help with GDP.
Building up a green economy will help with GDP.
Updating our infrastructure will create jobs and public access to jobs and help with the GDP.
You know what doesn’t help with the GDP? Tax cuts for corporations and wealthy Republican donors.
GDP stands for Gross Domestic Product. It is a common metric for measuring economic growth. If GDP goes up, then the economy is improving.
Build Back Better will help with the GDP and easily pay for itself.
Who’s against it? Three camps oppose it. (1) The GOP is against it because opposing the Democrat agenda is their only platform (if you don’t count voter suppression). (2) Manchin is against it because if could hurt his vast interests in coal and (3) Sinema is against it because lobbyists are paying her to be against it.
Complaining about the cost makes no sense since the net cost (cost after payback) is zero.
It’s my view that we shouldn’t care how much it costs. We should care about how much we make.
Time to save the world.
Up, up and away…
Jim
