With so much “fake news” all over the Internet, we want to make sure that everyone can check our calculations.
The government can hire 10,000 policemen, teachers, and nurses. That’s a total of 30,000 new hires. You can check the average salaries of each of these professionals. Policemen make about $49,105-$57,316. (You can look this up here: https://www1.salary.com/Police-Officer-Salary.html )
Likewise, the average middle school teacher makes about $45,745 (see: https://www.payscale.com/research/US/Job=Middle_School_Teacher/Salary)
and the average registered nurse makes about $61,632 (see: https://www.payscale.com/research/US/Job=Registered_Nurse_(RN)/Hourly_Rate)
One always has to add fringe benefits and other costs to the salary, the employer usually expects the cost of an employee to be a bit less than twice the actual salary. Therefore, a cost of about $100,000 for each policeman, teacher, or nurse hired is a reasonable estimate.
So, we have 30,000 new hires, each at $100,000 per year. This is a total cost of 30,000 times 100,000 = 3,000,000,000 = $3 Billion. Next we say that the Government can do this for 10 years, so multiply by 10. The total cost of all of these hires is $30 Billion.
Next, we are building police stations. The average construction cost per square foot for a police station is listed here: http://evstudio.com/construction-cost-per-square-foot-for-a-police-station/
The web page tells us that the average construction cost is $241 per square foot. A nicely laid-out police station has about 4,000 square foot. 241 times 4000 = $964,000. We have rounded this to about $1 Million. Building 500 new police stations will therefore cost about $500 Million.
For schools, the average construction cost is $160 per sqft. A nice new school has about 60,000 sqft and would therefore cost 60,000 times $160 = $9.6 Million. We round this up to $10 Million. 500 new schools at $10 Million each would therefore cost $5 Billion.
Hospitals are expensive to build. The cost is generally given per bed. We are thinking about the government building small community hospitals in rural areas that are currently underserved. A 30 bed hospital will cost about $50 Million to build (see: https://www.quora.com/How-much-does-it-cost-to-build-a-hospital ) Since we want to build 1000 new hospitals, the total cost is $50 Billion. Now we can add up the costs for the police stations, schools and hospitals and we come to a grand total of $55.5 Billion.
If we take the 2,500,000 homeless children in America (https://www.nbcnews.com/business/economy/one-30-american-children-homeless-report-says-n250136) and provide them $12,000 each, we have a total of $30 Billion, multiplying this by 10 years, and we have $300 Billion given out to homeless children (grand total = $355.5 Billion).
There are approximately 4 million children in kindergarten this year (https://www.census.gov/prod/2013pubs/p20-571.pdf), each lunch is about $3 and there are about 300 days in a school year. This would cost 3.6 Billion dollars per year, or $36 Billion over 10 years (grand total = $391.5 Billion)
There are 20.4 million Americans currently in college or university (https://nces.ed.gov/fastfacts/display.asp?id=372). Giving each of them $7,500 would cost 153 Billion dollars. Doing this for 4 years would be 540 Billion dollars (grand total = $936 Billion).
$300 Billion towards air traffic control modernization would give a grand total spent of $1,236 Billion, or $1.236 Trillion.
If the government now takes the approximately $200 Billion remaining and invests this money at a net return of 10%, they will receive approximately $20 Billion in interest per year. Dividing these funds among 1 million cancer patients gives each $20,000. This would be sustainable for the next 100 years.
Trump's Christmas Present 