Food for thought...
Tonight, my Father-in-Law brought up a good point/idea regarding the recent economic bailouts/stimulus. Instead of handing over BILLIONS (almost trillions) of dollars to corrupt CEOs and failed businesses, what if the U.S. government gave one million dollars to each working family?
Think of the benefits. Working families would be able to get out of debt (payoff mortgage, car, student loan, etc.). Save money for retirement. Send children to college or private schools. Stimulate the economy through increased market spending. With 300 million Americans (obviously not all of those are classified as working families), the government would save over 600 billion dollars (mostly our tax dollars) and the economy would be instantly stimulated and debt free with a spending surplus.
Obviously, there would be certain negative effects, but just think of the possibilities. Something to ponder...
1 comment:
That is a wonderful idea! I can hardly stand watching the news, and knowing so much of the bail-out money is still going to go to the corrupt, inept CEOs who already have so much $$$ they don't know what to do with it!
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