If you had $100 billion, how would you spend it?

$100 billion may not be enough money.
  • Transcript

TRANSCRIPT

Emanuel:    A hundred billion dollars?  That’s a lot of money; but maybe not enough money.  I mean it’s a sort of . . .  It’s a funny, intermediate number.  So one thing I might do is heavily invest in school and early childhood education . . . try to get some widespread . . . more widespread development in the United States.  And the other thing I might do is go to some developing African country and try to see if there’s a way to get them to actually develop properly.  A hundred billion dollars . . .  If you spend 50 foreign and 50 domestic to . . .  Fifty billion in a foreign, developing country is probably . . .  A place like Uganda, I don’t know exactly what its GEP is, but that might be more than 10 years of its GEP.  So you can have a huge impact in terms of building universities, building schools, trying to build an infrastructure that would be very important for their development, and for the robustness of their educational system, and their long term future.