The Democrats and Republicans have floated the idea of a US sovereign wealth fund. For background, see here and here.
Establishing a domestic sovereign wealth fund to invest in infrastructure, emerging technologies, and/or strategic sectors would bring substantial benefits to the US economy over a ten-year horizon.
Responses
The typical advanced economy could substantially boost growth by establishing a sovereign wealth fund to invest in infrastructure, emerging technologies, and/or strategic sectors.
Responses
For a typical advanced economy, establishing a sovereign wealth fund would be substantially better for citizens relative to paying down the debt as a use for excess revenue.
