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The Federal Govt. owns 650 million acres of land. IF they sold every acre for 10K, a very modest number considering most of the land is out west where they have oil and mineral deposits it should go for much more, you could generate 6 trillion.
This is not a new concept. I believe Jackson sold federal land to pay off the national debt. Take a look at Arizona and Nevada. Huge amount of govt. land that could be sold.
The Federal Govt. owns 650 million acres of land. IF they sold every acre for 10K, a very modest number considering most of the land is out west where they have oil and mineral deposits it should go for much more, you could generate 6 trillion.
This is not a new concept. I believe Jackson sold federal land to pay off the national debt. Take a look at Arizona and Nevada. Huge amount of govt. land that could be sold.
It is not the Governments land it belongs to the American People. Jeeeez, who would want miles and miles of desert with no water and none coming in the future, there are limits.
It is not the Governments land it belongs to the American People. Jeeeez, who would want miles and miles of desert with no water and none coming in the future, there are limits.
Fine..you take the desert. I'm gonna grab Padre Island National Seashore A low profile Holiday Inn, Tiki Hut bar and Cabana rental and I'm good for life !!
The Federal Govt. owns 650 million acres of land. IF they sold every acre for 10K, a very modest number considering most of the land is out west where they have oil and mineral deposits it should go for much more, you could generate 6 trillion.
This is not a new concept. I believe Jackson sold federal land to pay off the national debt. Take a look at Arizona and Nevada. Huge amount of govt. land that could be sold.
First off, some of that land isnt worth anywhere close to $10K per acre, but onto your point. The reason why they wont sell the lands to pay towards the debt is because liberal kooks would be whining and moaning about how private enterprise would destroy the lands currently being "protected" by government.
It is not the Governments land it belongs to the American People. Jeeeez, who would want miles and miles of desert with no water and none coming in the future, there are limits.
Good point, I don't think people realize that most federal land is not really suitable for development - either because of remoteness, terrain, or the fact that it's in areas that are already over developed and couldn't support more population, the southwest has pretty severe water problems already.
It is not the Governments land it belongs to the American People. Jeeeez, who would want miles and miles of desert with no water and none coming in the future, there are limits.
Arizona wants the federal land. Private citizens in Arizona only own 30% of the land. 40% is owned by the fed and 30% is tribal. Arizona has introduced legislation to cede the 40% from the fed to Arizona with all sales of the land to pay off the debt. This is unconstitutional and will never happen, but why not sale the desert land to people to mine, whatever.
Good point, I don't think people realize that most federal land is not really suitable for development - either because of remoteness, terrain, or the fact that it's in areas that are already over developed and couldn't support more population, the southwest has pretty severe water problems already.
You are only considering traditional uses of land. The land is much more valuable for mining and oil production.
The Federal Govt. owns 650 million acres of land. IF they sold every acre for 10K, a very modest number considering most of the land is out west where they have oil and mineral deposits it should go for much more, you could generate 6 trillion.
This is not a new concept. I believe Jackson sold federal land to pay off the national debt. Take a look at Arizona and Nevada. Huge amount of govt. land that could be sold.
One thing you need to remember is that by putting land back into the hands of private owners you don't just reduce federal debt...you also assist state and local governments by increasing the amount of taxable property on the books, and throught the economic activity that would be stimulated through the development of that land.
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A low profile Holiday Inn, Tiki Hut bar and Cabana rental and I'm good for life !!
