My son calle dme up the other day and said that he heard on TV that someone had did a study and figured out that if they gave all the low income people in the US 2 million dollars that it would fix the economy. I agree but not exactly how they put it.
lets sstart off with the fact they want to bail out the auto industry with 700 billion dollars.
first they are never going to follow the guidelines for using that money anyway and its just going to keep going the same as it has. so lets go a differant route.
lets start with sending 2 million dollars to each and every tax payer in the US. not the ones outside, not the non registered, not the illeagals, just the people that file every year, low, middle and high income so no one gets left out. okay now that we covered that.
what would you do? if your like a large portion of the population, you would buy or pay off your house. lets think about that for a second, the realestate industry is on its heals right now aswell right? so how would say 10 million people buying a new home with cash fix that market!?!
lets continue, now those same people and more would also love to have a new car and if they had the money a really nice with all the extras new car. now if every person that recieved the 2 million bought a car and most as a family would buy 2........would that not seriously boost the automotive industry!?! so why would that alone need to be bailed out?
and now that the realestate and auto industry have gotten this major boost in sales...wouldnt they need lots of workers to fill those orders? wouldnt the construction for residential realestate orders go up wouldnt they need people to build them? wouldnt the people that makes the parts for the autos and the doors and plumbers and electricians and the whole damn countries work force need people to fill those orders?
how fast would the unemployment rate drop from that?
So who should they really be bailing out? the end of one chain or start at the begining?
We are Americans dammit give us the money we will spend it! and the CEO's can keep thier private planes and we will all be happy!
