How to spend 1 trillion dollars. Since corp tax cuts essentially have a small multiplier, and there's only so many roads to build, I have a proposal: more energy efficient retrofits. Both for large buildings and for residential. Essentially expand current programs for subsidizing home retrofits for the elderly, poor. I see this plan having many positives: 1) Since most of these projects are labor intensive, I can see this having an immediate impact on unemployment (especially soaking up skilled construction labor which is otherwise laying idle right now). 2) B/c this program is feeding money to working-class folks (who tend to spend a greater % of income) this money will have a higher multiplier and greater effect on economy. 3) It will also have a multiplier of sorts for the resident/owner. Money saved on energy bills will be available to spend in the economy at large. -- Let's take fairly conservative numbers. 10% energy savings as percent of initial cost of retrofit. Let's say half of that savings goes back into increased utility consumption (there is a demand curve after all). So, for every dollar spent, you're getting an extra 5%. And that's a conservative estimate. 4) The efficiency savings in 3) will exist year after year, providing future stimulus of sorts--important in the face of a multi-year recession. In addition, strategically, the US will be more broadly prepared for whenever the next energy price spike happens. I see this plan broadly applicable to both home owners and businesses/industry. In addition, if the US might dress this as an incentive plan, with dollar-for-dollar matching with private companies, e.g., to help ensure that only needed retrofits/upgrades are pursued.