The USA already did this back during
Lyndon Johnson's Great Society ... how'd that work out?
President
Lyndon B. Johnson’s Great Society was a sweeping set of social
domestic policy programs initiated by President
Lyndon B. Johnson during 1964 and 1965 focusing mainly on eliminating racial injustice and ending poverty in the United States.
In implementing one of the most impactful arrays of new
domestic policy programs in the history of the U.S.
federal government, the legislation authorizing the Great Society programs addressed issues such as poverty, education, medical care, and racial discrimination.
The Great Society was topped off by the Vietnam War ... I guess this new program will be topped off by the Taiwan War.