P stands for Prices. Our solution is the: “Inflation Reduction Act.”

C stands for China.  Our solution is the “Chips and Science Act.”

T stands for Technology. Our solution is to break up big Tech companies & regulate them.

The Inflation Reduction Act (IRA) will cost an estimated $40 billion, but we will tax big tech to pay for it (Uh huh).

The Chips Act will cost an estimated $100 billion to get foreign companies to build factories in America, creating new, pollution free jobs that will save the earth.

Another way to look at the solutions:

• It doesn’t matter who is pumping money into the economy. It is the supply of money from the Inflation reduction act to build these new ESG plants and staff them that will chase the price of goods and services up.  STOP INCREASING THE MONEY SUPPLY!
• The CEO of TSMC says it will cost 4 times more to produce chips in Arizona than in Tiawan. Who is dumb enough to pay that premium? The American Government has offered American chip companies $52 billion in subsidies to buy TSMC chips in Arizona instead of Tiawan. WHAT!
• Yes, and Mr. Liu of TSMC says that $52 billion will not be near enough. What does he know? He came here and talked to all the people involved. Furthermore, the CEO of Nvidia says it will take America 20 years to become a leader in global chip production, given our current 10% of world chip production.
• The irrational fear, that AI will replace humans and we won’t be able to control them, is nothing, compared to the rational fear that we all have of the human beings governing us and those killing us on our streets, schools, and public gatherings. AI algorithms and robots will only replace humans in those situations where they are far superior to humans. Let’s deal with factual fears instead of the unknown fears of something few understand.
• Perhaps those countries with declining populations will do better than those with rising populations. If the future calls for fewer, better trained people, the more relevant question may be, how should we plan to deal with overpopulation?
• When has a government contract come in at estimated costs, and/or, on time?
• Would it be possible to build an AI algorithm that matched the supply of money the fed controls, with the demand for money in those markets it used to control?
• Would it be possible to build an AI driven robot that could find a pareto optimal solution for the expenditures that congress deals with, e.g., the budget?

Summary & Conclusion:

The costs of current P, C, and T programs will be exorbitant, and it will take longer than the Afghan war, with the same result. I suggest we put an AI driven robot on the ballot for President in 2024. Let the people decide who would do the pareto optimal job for all the people, Trump, Biden, or R42? No question in my mind!