Monday, January 19, 2009

A Better Way to Stimulate the Economy

We have a better way to stimulate the economy with information that the government already has on file. Use their information from the IRS to give all taxpayers, who made less than forty thousand dollars last year, a check for three hundred thousand dollars.

This makes more sense than a first read will grant. The median wage in the US is now forty thousand dollars. People that make More do not need more because they can already afford what they need. People that earn less need the money for the basics, some of which need replacing.

With three hindered thousand dollars they can:

  1. pay off the house.
  2. Pay off the car and buy a new one.
  3. pay off their credit cards.
  4. put a third of the money in the bank, giving the bank money to lend.

This makes way more sense than the current idea, which will fail.

That is what we think.

Egor

No comments: