I have been thinking about the stimulus plan the is suppose to be helping the country. I am not an economist but it really seems simple to me.
The Government should have let the companies that were going to bankrupt fail if they were going to, but if the gvernment gave each household that are legal residents of the US between $150,000 and $250,000 dollars, I believe would have fixed the problem without the mess.
With a stimulus package like this the population would pay off their homes, 1. takes care of the houseing industry, payoff their cars or buy hyrids, 2. helps the auto industry and help cut down the dependency on foriegn oil, Pay off their credit cards, bank loans, student loans,etc., 3. This would put money in the banks keeping the money flowing. The population could start new businesses if they chose to try.
They claim they need the consumers to start buying again, I don't see where this would be a problem if the population had money to spend instead of how, when and where they would get a job and no money, it would cut down Aid and Welfare.
People would be able to aford the health care we have now. This is all provided for if it was done this way and provided the government laid down tighter rules on the banking, insurance, and credit card industries.
I can't see a down side to this,can you? Oh, yeah, I think we should be taking care of our own people first before thinking about TANF,TARP, etc. We were a lot better off when we werent so worried about making the world as ealthy as we were at the time, now lookat us, and does any of them appreciate it besides the Brits. I don't think so!
Oh, and MOST of all this would be cheaper than the stimulus plan they now have, for example there are approximately 3.5 million,legal, people in the states X$250,000.00= $875,000,000,000.00......that's 875 Billion dollars Not TRILLIONS. think about that a while!
