How to STIMULATE Economy

My idea of stimulating the economy. Banks wanted money yes who didn’t.
1st thing that should have been done is give every homeowner 200 grand and tax us 25% that way government gets there portion back.
2nd thing is we would do with the remaining 150 grand is pay it towards our mortgage which lessens our house payment if not pay it off and there( THE BANK GETS THEIR MONEY )
3rd is now we as middle class probably would have breathing room to do what we want and start over controlling our spending.
This all equalls to stimulating the economy.

What Goverment did is give to banks and us middle class still owe and banks still want money. Car dealers would have gotten theirs too cause we all could have all bought a new vehicle of choice.

Just my .02

Interesting and sad…

Frankly, giving the money to those that can’t manage their finances, in the first place, seems foolish. I am not sure you reward bad personal decisions and poor fiscal management with more money. Our present government is trying hard…everyday….to do this.

What ever happened to going out – working / creating something? I am so tired of our American Way becoming about waking up and getting out to the mailbox for your check. I would be embarrassed if this was how I provided for my own.

Just putting your hand out usually only stimulates yourself. All of these
“stimulus” packages are debts that will have to be paid, down the road. Where do you think this money comes from?

We are in for some tough times here in the good old USA. China doesn’t want our debts anymore and would like to more closely manage the way the USA spends ( health care, entitlements, world policing, military). We are seeing the unwinding of the USA empire. Funny how history repeats itself. ( Rome, Great Britain, etc.) It will take a while, but it is starting….

You will see our economy stall out as “the stimulus” ends. The government, being the largest employer, spender, etc…is being asked to contract. (We simply can’t afford it) So goes the economy.

The hope that cheap money would inflate all asset values / causing the economy to expand / create more tax revenues has not worked over the past 3 years.

It is time for thinking, making informed and thoughtful statements, facing reality and making the tough decisions…Implementation will mean shared sacrifice.

Stupid is what stupid does….

Build some Wing Dams and plant some more trees. Fix the roads, bridges, etc. pay the people for work well done and they will spend their money that can be taxed. Drug test before hiring and durg test before distributing Welfare. Checks in the mail is BS, has over half of it is not re-spent on taxable items. It is saved or spent in one time chunks.

That is just more government spending. The government does not have a single dime that does not come from taxes, loans or printing money. How about the government providing a stable business environment that promotes investment, growth, and job creation?

dd

So this all came about in the last 3 years….??? Too bad, it seemed to be an intelligent analysis of the situation, until you firmly strapped the blinders on… Another great trait of so called Americans… point that big finger at someone else It’s called personal responsibility

I can only be drug down to your level, if I allow it…..nope

How bout’ people do anything you can do and bust your balls and pay your freakin’ bills! And don’t be an idiot when the bank tells you that 400k for a house is okay. GIMME GIMME GIMME.. everyone wants a handout.

Just saying We are 14,000,000,000 In debt. Now divide that by 200,000 and we could DOUBLE the national debt for 70,000 People. Which city are you bailing out. pretty sure my math is right, but even if I’m off by a 0 it doesn’t help.

I think you’re off by 3 zeros.. that would be 70M people but would be going the wrong way..

In the end the banks got bailed out and in return still need bailing out which if us working Americans got that money and then paid that amout to the banks our own debt would go down and the banks would still get there money. win win for both.