IF tomorrow. Congress decides to take some of the $700 Billion bailout money

[redirish28]

and gave $10,000 to Every one in the United States.

Or Tax payers get $10,000 Dependents get $4000.


Would that Jump start the economy the right way?


Or would it sound good in theory but when putting it to practice would only put a band-aid on the problem?

[Double T]

1. An economy can not be based on bailouts and stimulus packages.

And YES Virginia, the whole GD country has lost its friggin' mind.

[nadinbrzezinski]

3. Depends on the nature of the stimulus package, the WPA was one

now money straight to the consumer, it will work as well as the two previous bribes

[muntrv]

2. $700 billion/300 million Americans= $2,333 per person.

[liberal N proud]

4. Stop using real math

You know that doesn't make for a good story.

:sarcasm:

[Andy823]

5. Won't work.

Most people would have to pay down bills, buy food, heat their homes, and maybe have some to spend on Christmas presents. In six months we would be back in the same boat we are in now. What needs to be done is to get jobs for all the people without work. Go after corporate greed and stop the multimillion dollar salaries for CEO's. Put an end to lobbyist money going to members of congress to buy votes. Force those who take bailout money to make needed changes from the top down, not just at the bottom.

Even if the majority of people would go out and spend the whole thing, where would that money really be going? CHINA???? Everything we buy these days pretty much comes from other countries, and China is the top dog. MIght help them, but not all the people who are unemployed, or who will be if the 3 big care companies go out of business. What has to be done is to create new jobs in renewable energy, rebuilding our highways, bridges, water systems, etc. Bush has let this country to to hell while pumping billions into his senseless war so his buddies could make outrageous profits. We need a plan that will not just give people money to "buy" things with, but a plan that will put us back on track to give our children and grandchildren a better future where they can get a good education, and find a job that they can raise a family on.

Give a man a fish he will eat for a day, "teach" the man how to fish and he can feed himself and his family for life.

[scheming daemons]

6. That would add up to $1.8 trillion dollars.... yes... with a "T"

[Breeze54]

7. Yes, it would jump the economy. They'd all be out spending and creating DEMAND!!

Which increases production, which increases employment, which increases more disposable income,
which increases spending, which increases demand, which increases production, which increases employment, which increases....

[Idealism]

8. You need to look at long term sustainable growth vs. short bursts in productivity

If that situation were to somehow come about, we'd see a spike in consumer spending and a dramatic week-long or so rally on wall street but at the end of this honeymoon period the treasury will just be out $700 billion and we will be right back to where we started. How wold this help us? No investment into future jobs, new industries, infrastructure, or businesses- just tax payers getting a check in the mail? Buy the man fish, feed him for one day. Teach him how to fish, feed him for life.