DontBeStupid
Look it up!
Left wingers, you are so brilliant
Just out of curiosity, which part are you claiming is impossible for us to do? Or, are you trying to say this plan is possible, you just don't like it?
All of it is impossible.
The government hire EVERY unemployed American? 35 million people?
The government print enough money to pay them all 25-30K a year?
Neither are possible. Well, in liberal lala-land, I suppose it's technically possible. But WTF?
The only part I think your friend got wrong was using 0% as a target. No economist worth his salt would aim for that. The typical norm is 4%-6%. That's healthy. Lets take 6% as a target.
Math alert
9.1% - 6% = 3.1%
3.1% of 150M = 4.65M
4.65M * $30K per year = $139.5B
Now, add in benefits and you're talking more like $167B as a total cost per year. But, those people would no longer be drawing unemployment, so we would save
4.65M * $300 per week * 26 weeks = $36.27B
Total cost is then only $130.7B. Plus, if we wanted, we could make them pay taxes on it, like, you know, good tax-paying workers do. That would mean increased revenue of
15% * $130.7B = $19.6B
So, the real total cost would be $111.1B.
Not counting materials of course, but that number doesn't seem impossible. Does it?