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Thursday, November 4, 2010

Off the street common sense from a "working class stiff"

A friend of mine, from Facebook (okay, okay, don't give me a hard time), was speaking in the last 24 hours about how, if the Democrats--President Obama and his Congress--had done a true stimulus package in the last two years, that this economy would be mostly fixed or healed and they wouldn't have been so trounced or "shellacked", using the President's phrase from yesterday, in this week's elections.  Herewith:


"My example. Take $10 billion. That's roughly $28000 per person. Issue it in the form a debit cards that can only be used to purchase American-made goods. You kill three birds with one stone that way. You help the American people, you jump-start the economy, and you bring jobs back from overseas. You can play around with different numbers and ways to spend it. Look at the current stimulus money. You can see it working right now, you see work crews out there and more trucks on the road, but most of that money is just sitting in cooperate accounts. There was no reason other than political shell games to not put money in the hands of American citizens. That is what the Democrats are supposed to do. Had they done that, I don't feel that they would have suffered loses in this elections."  --Chuck Collins, Facebook friend


Another old friend had said the same thing, some couple of years ago.


It's difficult to argue with the logic, isn't it?


Enjoy that weather, folks.

3 comments:

uzza said...

I'd start by checking his math. 10B divided by the population of the US, (310M) = $32.25, not $28,000.

Then I'd ask, "How am I gonna use my debit card to buy american-made goods? I don't need any weapons."

JJSKCK said...

I was thinking the same thing. Our national debt (not this year's deficit - our ENTIRE DEBT) is something like $42,000 per citizen; adding another 2/3 to that would be moronic. Unless we just printed more money. Worked for Zimbabwe.

Mo Rage said...

If we will ever be known for anything, as a country, in the future, it will be for spending money, surely.