It’s called a Green New Deal, of course.
Start insulating houses in these places. Create jobs.
Build the infrastructure for the growing home holiday market we are going to have to have whilst we’re at it. That’s improved public transport. And facilities.
And at the same time regulate this debt: better fix the price that can be paid.
And we’re going to do really, really, well when politicians get to pay for things by increasing the base money supply and can only control the resultant inflation by raising taxes.
Those holding bonds with a fixed rate of interest are going to do really, really, well under that set of incentives, aren’t they?