rulemylife -> RE: Stocks Plunge, Unemployment Still Up (2/8/2010 8:23:57 AM)
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ORIGINAL: Thadius If the full $820Billion was such an emergency, I suggest that perhaps the majority of the money should have been spent last year... The last numbers I saw, suggested that 2/3 of the money has yet to be spent. Now it is looking more like a slush fund, to be spent to help ensure certain seats are protected in the upcoming mid-terms. Like I said I am a bit cynical. If I were president, and had to spend that money, I probably would have gone a completely different route. Hmmm, perhaps something along the lines of $2,000 to each man, woman and child (citizen or legal alien). Which would leave about $200Billion that could have been divided up to the state governments for infrastructure or job retraining programs. Not that I like the idea of spending that kind of money by the Federal govt, but hell the money belongs to us (the people), not the government. Then again, I am just a simple man. Bush tried exactly that to stimulate the economy and it didn't work because most people used it to pay their current expenses rather than go on a spending spree.
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