Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
just about 350000 people in the us, why the government dont give everybody $100,000 instead of the similus pkg?
14 Answers
- Carmen AvenaLv 61 decade agoFavorite Answer
It really doesn't matter, the country will fold in on itself anyway. As someone said before me it is just being used to re-elect Democrats next time around.
We are in for a long hard future. God help us all!
.
- Brian LLv 41 decade ago
$1 trillion divided by 200 million taxpayers = $5,000 each. American economic activity is about $4 trillion. When you just print and add currency, then what activity was represented by $4t is now represented by $5t without any change in what we produce. That means 25% inflation - instantly! The car that cost $15,000 will now cost $18,750! Add to that the need for businesses to recover enough money to replace items on their shelves, then current inventories will increase too! Just printing money ain't too smart.
P.S. My County, Broward Florida has about 1,800,000 people, Dade County to the south of me has 3,000,000, and Palm Beach County has 1,300,000. My tri-County area represents 1.5% of the U.S. population. Between our counties we have more than 350,000 kids trapped in Government run education facilities!
- 1 decade ago
You mean 350 Million brother. And that would cost the government 35 Trillion which it does not have. The country would implode.
- 1 decade ago
There is a bit more than 350,000 people in the US... Anyways, the Gov thinks they can help the people better by helping the banking system... Of course, I tend to not agree with that rational.
- How do you think about the answers? You can sign in to vote the answer.
- x xLv 61 decade ago
The government that governs least governs best. Get the hell out of private business.
- dnafairyLv 71 decade ago
I used to say, because it would cause massive overnight inflation. Now, I'm not so sure we aren't going to see massive inflation as a result of this anyway.
Source(s): But I guess it wouldn't be overnight. - BobLv 51 decade ago
There are 350 million people in the US. It would be a thousand dollars a head, which would be as perfectly useless as the stimulus checks that went out last year. The money spent on infrastructure projects will actually go into creating jobs now instead of increasing marginally Wal-Mart's sales.
- Anonymous1 decade ago
Because the money is actually going to groups that will help fund the Democrats' reelection campaign.
- SERENAZLv 61 decade ago
Yep ... and you could use it getting yourself educated so that you don't write drivel!
- wider scopeLv 71 decade ago
it's more convenient to have each of our nation's 7,400,000 taxpayers donate $120,000 to repay it.