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cell_chik
Lv 4
cell_chik asked in Politics & GovernmentElections · 1 decade ago

Is anybody disappointed with what the stimulus will go to? Please no slams against the man himself.?

I remember reading somewhere that if that 790 billion were split up evenly to every man, woman and child in the country (even counting non citizens) it came out to a nice chunk of money. I don't remember the amount but I do remember that it was more than the average person makes in wages in several years. Since I don't remember the exact amount for the purposes of this question we'll say $250,000.00

My question is in two parts: If those same funds were divided that way with the requirement that at least half had to be donated to something that you would like to see improved (can be a charity, social security, paying toward our country debts, road improvement, border protection, teacher salaries, car company bailout, cancer research.) Anything that you feel needs the money. You only get to keep and spend half on yourself and your family needs. The rest MUST be given away to a cause you believe in. What does the American public believe in enough to give $125,000.00 or more to? Then what would you use your share for?

Update:

Just to get the ball rolling here's my answer to my own question.

I would likely split my giveaway money between paying toward our countries debt, social security, teacher salaries and maybe an incentive program to get people interested in going to school for certain job shortages. Such as a nursing tuition and living assistance while in school.

My share I would probably buy a new car at $25K, (looks like no bailout needed for them anymore if even a hundred thousand people in the country would do the same with their share), maybe put a large down payment on a house at $25k, (whether there is a tax credit for first time buyer or not so that one would also no longer be required), possibly a couple of new appliances and maybe some clothes at $10k( this helps the retail markets with the recession), and open my own small business at $50k, (the one I have in mind would only need a couple of employees but it's a couple of jobs that wouldn't have been there otherwise.) $10k as a cushion.

Update 2:

Thanks Chuck, I can never remember how many people we have in the US or I would have done the math myself. I could swear that whatever it was that I read had a much higher dollar value though, so maybe it wasn't including children. Or maybe it was only a higher amount per household. Whatever it was I was thinking the dollar amount was close to 300k which was why I chose 250 instead.

Sounds like for the most part that you believe as I do in that this thing isn't going to be near the help he thinks it will. I wish I could feel more positive about the whole thing but I just can't.

Why don't they ever take a poll from the people before spending a cr*pload of money to see where WE think it would be best spent and whether or not we want it spent?

Oh yeah, cuz they don't have to.

5 Answers

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  • MochaJoe
    Lv 4
    1 decade ago
    Favorite Answer

    We cannot put this debacle at the feet of Barack Obama, as he is now the President and not a Senator. It was congress that crafted this monster, the President will simply sign it into law. It was Congress that redefined the meaning of "Pork-Barrel spending" to add that type of Spending without calling it that, so they are the ones that we have to praise or condemn (based on our own view of) this Legislation.

    Source(s): Life
  • chuck_junior
    Lv 7
    1 decade ago

    "No slams against the man himself".

    You DO mean the man who demanded this and the same man that will sign this into law.

    It's NOT $250,000. It comes to $17,600 dollars per person. Simple math.

    You don't fix the problem with flooding the economy with money. That devalues the dollar and causes inflation.

    Oh wait. That's what Obama and the Libs are doing.

    My bad.

  • sunshine33
    Lv 4
    1 decade ago

    it seems to me a lot of money will be wasted and the "created" jobs will only be temporary. It looks as though it will help people very little in the long run and will create nothing more than a more massive amount of debt.

  • Anonymous
    1 decade ago

    There is almost no stimulus in the bill. Just devaluing of the dollar to give Americans a pay cut.

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  • Anonymous
    1 decade ago

    There are some things in the stimulus I think could have waited, but there are a lot of things in there that can and will help out a lot.

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