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View Diary: Obama, Dems should introduce "1000 FAMILIES" TOP TAX TIER in negotiations about fiscal cliff (43 comments)

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  •  200 billion a year? (2+ / 0-)
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    VClib, Utahrd

    Thats a lot of cash, But these sorts of projects have price tags of 1 billion to start.

    1 to 1.5% of GDP would jump start these industries. Solar is still a bit pricey, but offshore wind is really coming into its own, HVDC is off the shelf, and pumped hydro storage systems are old hat.

    (A bit more realistic then I stated before) 1 to 1.5% of GDP would create 2 to 4 million jobs and expand Americas energy portfolio.

    Long term-20 to 30 year returns.

    Otherwise arbitrage rules.

    FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

    by Roger Fox on Tue Nov 20, 2012 at 05:17:44 PM PST

    [ Parent ]

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