Stimulus?
Okay, please explain to me how $34 every 2 weeks is going to stimulate the economy. $68 a month won't even cover a nice night out with the wife.
Okay, so a local business man makes some really bad business decisions. He gets a bit behind in his bills. He defaults and can't make his rent and goes out of business. Sad Day.
Car Company, bank, hedge fund, etc makes some really bad business decisions. He gets a bit behind in his bills.Government writes them a check so hey can throw a party and celebrate their ineptitude.
I simply don't get it. Now I will get an extra $400 spread over the year to help stimulate the economy and invigorate business. HMMM.
Why is it that it feels like the only thing being stimulated is my prostate? I am being told by my governmental leaders that this will help us recover from this severe economic downturn. ......How?
It they took the same money they have given to the companies and gave it to the citizens, we would turn things around in short order. If the population who make less than $200,000 received say $30,000, the entire face of America would change.
Debts would be paid off. which means banks would be solvent again. People could afford to buy new cars. Homes could be bought. In short... Lives would be changed.
By adopting the fair tax, the government would begin to recoup the initial expense as the economy grew.
Part of the problem with the last few stimulus packages have been the size of the checks. People were not impressed or motivated by such small amounts of money. Gas was $4. Mortgages were behind by far more than the checks could even touch.
The real issue however, will have to be change. People will have to make a fundamental change in how they view their money. They will have to begin looking seriously at living within their means. Nothing will fix the problem until we fix our approach.
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