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Like the structure of your scheme, but I personally would focus it towards a supply-side revolution in housing and healthcare. This would simultaneously deflate the largest cost-buckets for the average American and tighten the labor market. All of America can get behind cheaper healthcare and all of non-rent-seeking America can get behind cheaper housing. A transition to "green" is too easily thwarted by developing countries and has too fuzzy a payoff in my opinion (i understand many disagree, but the work on climate's economic impact leaves a LOT to be desired so the debate is barely productive).

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The position in the US is not as simple as one would think, despite the benefit of limitless financing by virtue of the unique strategic position. The problem is that the US strategic position is upheld in large part by the use of dollars to trade hydrocarbons. Of the currently existing alternatives to carbon based energy -- Wind, Solar, Nuclear -- all are dominated by China in both new production and deployment. Until this changes, a deep commitment from the US to change the status quo is unlikely, IMO.

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