A real Stimulus package

United States
November 8, 2008 5:08am CST
The politicians are proposing yet another stimulus package as well as more bailouts. Ford is demanding bailout money from the US and several other countries. the markets ore on a roller coaster no one wants to ride. it's about time someone figured out how to fix this mess. To borrow a line from mister Beck I'm not an economist but I am a thinker. I think I have a plan that just might make some sense and it doesn't involve handouts or higher taxes or government bailouts and takeovers of companies. What it does involve is a whole lot of writing that makes my long winded responses look short so I posted it at hub pages. Take a look at: http://hubpages.com/hub/A-Real-Stimulus-Package Let me know what you think. The politicians have tried plenty of ideas that didn't work maybe a few average folks can use common sense to find one that does.
2 people like this
3 responses
@kingcrapper (1536)
• United States
8 Nov 08
I am so tired of the government bailing people out! One just has to think: what about us little guys? Do we get a bailout? At what point in time does it all stop? When the government goes so into debt that the printed money is rendered worthless? There has to be a better plan than just throwing money around.
• United States
8 Nov 08
The national debt is $10,632,076,023,084.27 The US population is 305,607,379. Each American currently owes more than $34,789.98 In other words we owe enough money in national debt to buy every man woman and child in the United States a new car. We cannot afford for the politicians to continue finding new ways to throw money away. The US Government was formed for mutual defense and that is it's only mandate. Defense spending is a must and should never take a back burner position. Bailouts, public TV, Funding for the arts, studies of bear DNA and buildings named after Robert Byrd are not the responsibility of government and we desperately need someone to stop this. Unfortunately we elected one of the kings of pork rather than one of the only representatives actively trying to stop pork barrel spending as president.
2 people like this
@commanderxo (1494)
• Canada
14 Nov 08
My first idea is, to probably have our two countries stop printing money they don't have. cdrxo
• United States
14 Nov 08
Right on point. Glenn Beck noticed 2 years ago that the Fed had stopped publicizing how much money they were printing. He said then that the only reason he could think of to do that was that they were about to print a lot more. Sure enough, he hired a team to research it a few weeks ago and they found that the fed has printed several hundred million more than is usually in circulation. It's a neat trick for a government paying out a lot of money but it's not a magic fix. in fact it devalues the currency and causes inflation. It should be and was criminal but after we did away with the gold standard the fed could do whatever it wanted. Putting us back on the gold standard would be a slow, and for the government painful, process but it would end the problem of inflation and solidify our currency value. Like I say it would be painful for the government that has us in enough debt that they would have to confiscate about 80% of the average Americans income for a year to pay it off and who continues to spend more than they take in. The mythical budget surplus of the previous administration was not actual but, projected for a point several years down the road and could only be be worked out if Social Security were part of the general budget. In fact it has been for decades but no one in that party is going to admit that fact without a combination of torture and truth serum. These folks are addicted to spending other peoples money and the crew we just voted in has promised to do it more than ever. Were liable to burn out the printing presses delivering on the campaign promises and we could see inflation like we haven't thought of since 1979.
@Maggiepie (7816)
• United States
9 Nov 08
Actually, this all sounds very familiar; Conservative economists have been talking about these types of efforts for ages. It's just lazy politicians in D.C. & stubborn, ignorant Leftists in government have combined to block EVERY effort to enact a fair tax, shut down the capital gains tax, etc. I'M all for it. Makes since to ME! Thans for posting it. Perhaps it'll wake up a few people here. Maggiepie
1 person likes this
• United States
9 Nov 08
Divide the national debt by the Us population and every person living in the US today owes $34,866.36. If we don't get rid of the out of control spending we are doomed. people like to use the phrase "full faith and credit". The US no longer has those. Our credit limit is reached and the only fool bigger than the folks lending us the money is the dopes that borrow it from foreign powers who openly call for our destruction. People are all fired up about how great it will be when the government guarantees our mortgages and health care and a dozen other benefits we want. I really would like to know how they think these things will be paid for. Long division isn't calculus. Most people know how to do it and when the numbers are to big they can use a calculator like I did. it just doesn't "add up"