How to fix the economy

Stimulus? Not a great idea... bailout??? HORRIBLE idea. If you want people to spend money, you have to put money into their hands. I have the perfect solution...

Instead of giving tons of money to people that fail at life, give it to everyone in the country with a social security number.

According to the us census, the resident population of the united states will be 306,134,524 on 4/2/09 at 16:27 GMT (EST+5). Now that's including immigrants. I will use this number to show you how to fix the economy.

Now we take our $787 billion stimulus package and divide it amongst the people.

That's comes down to $2570.76 per person. The only way to fairly divide it would be to just give it to people with socials and tax ids. I'm not against immigrants, but there's just no right way to track that we gave it to them so to say. Its estimated that there are 12,000,000 illegal migrants in the US. So if we subtract the estimated 12 million from our number of 306,134,524, we get 294,134,524. Now divide $787,000,000,000 by 294,134,524 people and we would all get $2675.64. People are going to use that money. Think about all the children some people have. Since this is by social, you and your baby would get it.

Let's say a mom, dad, son, and daughter all live together. That's 2 adults (over 18) and 2 children (under 18) that'd would all get $2675.64 each. Now that times 4 is $10702.56. What do you think mom and dad are going to do with all that money? Maybe save some yeah, but maybe also buy a new car or fix their house or prepare to buy a house because now they have a decent down payment. Maybe take a family vacation. There are endless possibilities of what could happen.


Now let's look at the larger picture of what's happening with bail outs plus stimulus'.

According to bloomberg.com, an article posted on Feburary 9th, 2009 says that with all the bailouts, and stimulus included, the government is giving bad companies $9.7 trillion or 9,700,000,000,000.

Now let's divide that by the adjusted number (population minus illegal migrants).

9,700,000,000,000 divided by 294,134,524 equals $32,978.10 PER PERSON.

Guess what happens to that family of four that I used in my example earlier... they get a total of $131,912.40.

Do you honestly think that they would save every penny and not have any feeling to spend? That's how rediculous this government is. They would rather give money to companies that are failing because of a bad business plan.

If you put the money in the hands of the people, they will spend! Then guess what happens??? The government collects taxes on goods and services purchased and everyone has money again to keep their business going or to buy a new car or buy a new house. Its just stupid.

Approved housing program means I will be buying a house soon!!!

Now here in Houston if you buy a house that's $135000 or cheaper, the city will help you as long as you don't make $75000 a year or $150000 combined income a year. Now if you plan on buying a house, but don't know if you should... then I would suggest that you do and do it before December 1, 2009!!! The government will give you $8000 back next year or 10% whichever is least. I think this is a great incentive to buy a home. You could get a cheap foreclosed home and have it paid off in no time!!!

Now my girlfriend and I are undecided on whether or not we should buy a home that's cheaper than $135000 or if we should get something that's $160ish that may be bigger.... don't know. Smartest thing to do here would probably be to go with a home that's $135000 or less and just deal with it! We will get assistance from the city and then the $8000 from the government!

So in my eyes the incentive to buy is definitely going to encourage me to buy a home! His stimulus in the housing area has worked for me! Hah.

I don't even know where to start!!!!