Wednesday, February 10, 2010

Stimulus

Common sense should tell you that all the talk about stimulating the economy is just talk. The government has enough money to pay off all of the mortgages, in the United States, or give everyone, that is not a millionaire, a million dollars, and have money left. The government would much spend the money, so called, shovel ready programs. In other words to the states politicians. To help their election plans. No money is directed to the people. 300 million population, 529 million in stimulus money not spent. That means that the government could give everyone in the U.S. one million and still have 229 million, but the best part is the the government would get 144 million back in taxes, that would give them 373 million left and the great part, we would only owe ourselves. If that would not be to their liking, maybe 500 thousand, leaving 379 million, taxes would give them back 72 million and that would leave them 451 million to pay down the debt. If they payed off all the mortgages, they would get more taxes because no one could take off interests. If have taken note, not one of them, have thought of this. It would really be a stimulus, for the economy, and it would give back to the government, in the form of more taxes. I guess that they would much owe China than the American people. I know that this will never happen but just think about these things and how easy it would be to really stimulate the economy.

Thanks