Nov 04

Invest in something that returns better than union payouts and helping your political cronies:

One estimate is that 500 nuclear power plants would make America energy independent. I think that is optimistic in that an abundance of electricity doesn’t mean we won’t need to import oil for transportation needs, but it would certainly take us a long way toward independence. The cost would be in the order of 2 billion per plant (I would think less; that is the first one might be 4 billion, but the 400th would be considerably less than a billion; but call it 2 billion). That is one trillion dollars, comparable to the TARP or stimulus — and for once a deficit would be financing something real.

It is less than the cost of the war, and less than the war is going to cost if we continue. Cheap reliable energy would be one major step toward economic recovery. Low cost energy plus freedom will bring prosperity. If we have the energy we can work on the freedom. The whole thing could be accomplished in four years. Of course the ravening wolves in the Congress won’t do it — but then it’s not likely that this is the kind of hope and change we can believe in from the current White House.

If only one governor would do this, it would start a tidle wave of the RIGHT direction. Utah would be perfect.

Alas, they would have to be unionized plants and thus would be much more expensive and much more prone to meltdown.

For economic growth, life styple improvement, national security and to insulate us from whatever the weather may do we need MORE energy not less.

2 Responses to “Better way to spend a trillion in debt”

  1. Carl Nelson Says:

    Another perfect trillion dollar plan and no taxes to finance it? Don’t we already have enough unfunded trillion dollar schemes? What are the “tea-party” people really complaining about if they don’t mind big deficits?

    Do you really think the cost would be as low as you guess or at least three times that? The long history of projects says the initial estimates are way low. Do you think government is efficient doing your projects and inefficient at other projects?

  2. Ken Says:

    I don’t favor this exact thing. Just that it would be better than the trillion they plan to spend.