The country needs a new stimulus package:

[rateyes]

$10,000 for every American family whose household income is less than $200,000. Give it in vouchers that have to spent within 6 months. Use it or lose it.

One more thing: Tax those making over $200,000 at a rate of 75% for every dollar over $200,000

Do that, and watch the economy boom.

[dysfunctional press]

1. it would be a disaster.

a 75% top marginal rate on incomes over $200K...?

:rofl: :rofl: :rofl: :rofl:

[rateyes]

5. It was higher than that at one time when the country was doing pretty

damned well.

If I had my way, I'd fucking seize all personal wealth over $2,000,000.00

[dysfunctional press]

7. and $200,000 was a MUCH 'higher' amount compared to today...

in regard to how many people were actually making more than that, and how much it would by.

"If I had my way, I'd fucking seize all personal wealth over $2,000,000.00'

yeah- jealousy can make people want to do all sorts of stupid things.

[babylonsister]

2. What happens when the money runs out, as it will? What about jobs?

That won't solve the unemployment problem.

[rateyes]

3. Yes, it will.

People have to make what will be bought. Plus, you'll see a lot of credit card debt paid off, or mortgage principal decreasing.

[babylonsister]

4. And all this will be accomplished in 6 months, from hiring people

ro producing the finished product other people will buy? Sorry, but you're dreaming.

[rateyes]

6. Money has to be redistributed, or the economy tanks.

The problem now is that most of the money is in the hands of the top 5% of the country. And, I'll be willing to stretch out the requirements for spending over a year and a half.

Money is like water---if it doesn't flow, it gets stagnant.

[FrenchieCat]

8. What Congress would pass such a measure? The one that is legislating on the Moon?

Cause there is no congress I know of that would pass this.

Sorry.

It's called being unrealistic as to how our system works.
Easy to come up with all kinds of solutions,
but nearly impossible to pass.

[earth mom]

9. Great idea, but better still if that money is allowed to be ONLY used for eco friendly things.

Solar panels, home weatherization, green cars, green appliances etc.