Can the national debt of the USA be paid off in one year?

I believe that Economist Milton Friedman had the correct idea.....

AN UNCONDITIONAL BUT TAXABLE INCOME SUPPLEMENT..... (that could and should be termed a Basic Minimum Income )......

but it is created in the same way as the President Abraham Lincoln Greenback Monetary Policy Experiment that saved American taxpayers roughly FOUR BILLION DOLLARS IN INTEREST PAYMENTS!!!!

The value of the USA and the Canadian DOLLARS are backed up BY THE PRODUCTIVITY OF AMERICANS AND CANADIANS.......

but brilliant sales people work for BigBanking and BigOil and BigMedia and BigPharma and they keep us squabbling with each other.........

...... and so we


I arrived at this number because my older brother was on welfare payments for a number of years and he was given significantly LESS than five hundred dollars per month Northern Pesos / CANADIAN DOLLARS, to live on....
so......

Thirty seven point six million Canadians being given an UNCONDITIONAL BUT TAXABLE BASIC MINIMUM INCOME EACH MONTH OF FIVE HUNDRED DOLLARS, WOULD COST ABOUT EIGHTEEN BILLION DOLLARS PER MONTH BUT........ THIS WOULD FREE UP CANADIANS TO BE MORE PRODUCTIVE..... BECAUSE THE EXISTING WELFARE SYSTEM PUNISHES PRODUCTIVITY AND REWARDS A LACK OF PRODUCTIVITY.... WHICH IS AN ASTONISHINGLY DANGEROUS APPROACH TO ECONOMICS. FIVE HUNDRED DOLLARS PER MONTH FOR A FAMILY OF FOUR WOULD ACTUALLY PAY A MORTGAGE ON a decent home in many parts of Canada.

Do you know what would likely happen if an Unconditional but Taxable Basic Minimum was enacted in America and / or Canada that was financed in a way like President Lincoln did or how the Bank of Canada policy worked from 1938 to 1974?????

I think that a high percentage of people would build a second home or cottage within fifty to a hundred miles from their main home!!!!


Could a real estate boom plus better Fed policy pay off USA national debt?

"There will be a sudden rush to buy farms, ranches, and homes in the country.

Thousands will attempt to flee from cities, hoping that a return to the land and

nature will provide security. There will be a growing urge to "get away from it

all"---and much money will be invested in land and acreage in rural areas by

people who have secret dreams of raising their own food and cattle and of

becoming self-supporting. The price of open rural land will continue to soar.

Acreage within 100 miles of most major cities will skyrocket out of reach to

all but syndicates." (David Wilkerson, The Vision, page 18,19).