Chapter One - Medicare, Daycare and Free College.
Healthcare
Healthcare - The Average Annual Cost:$3,800 to $5,150 per year (~$315 to $430 per month).
Daycare - The Average Annual Cost:$10,000 to $15,000 per year per child (~$830 to $1,250 per month) for center-based care.
College - The Average Annual Out-of-Pocket Cost:$5,000 to $8,000 per year (per enrolled student).
If those three items were free, it would save the average family $1,560.00 per month to $2,345.00
per month, or $18,720.00 per year, to $28,140.00.
Chapter Three
Sovereign Wealth Fund
Most oil-producing nations have now nationalized their oil production and receive all the revenues. If we use history as a guide, the 1950 Saudi-Aramco 50-50 split is widely considered the gold standard of what a balanced, sustainable international partnership looked like before total nationalization.
If we applied that historic logic to the American people today—arguing that U.S. citizens deserve a direct cut because American engineering, education, and military security made the global oil trade possible—a fair structure would look like this:
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50% to the Host Country: They own the physical sovereign resource in the ground. 50% to the American Entity: To cover the massive capital risk, drilling technology, and refining logistics. If we had the gold standard as described above, we could realize 325 billion dollars per year.
We are just talking about oil, but there is also mining, forest products, rare earth minerals, etc.; we should get a percentage of all natural resources. All meant to raise America’s standard of living for all people.
I will follow up on this post next week to show you how the Norwegians do it.
Chapter Two - How we Pay for all of this!
Medicare, Daycare and Free College.
Healthcare
We can add a fee of .50 cents to every share of stock purchased. There are 9 billion shares traded daily, with 250 stock trading days a year; that's 2.25 trillion dollars per year.