Economic Stimulus Package

Written by Christianity and the Confusion on February 3rd, 2008

 

If you were to make an Economic Stimulus Package for the whole Nation, what would it be?

 

 

 

7 Comments so far ↓

  1. Anonymous says:

       The best way would be to use the FDR model that brought us out of the Great Depression. He raised taxes on the richest Americans and put the money to work creating the middle class. It has been proven that cutting taxes on the rich does not stimulate the economy; it actually has the opposite affect. It was this which brought on the Great Depression, the recession under Reagan and Poppy Bush, and now our seven year long recession (a gift from Bush junior.)
    How I would stimulate the economy if I had the power to do so? I would raise the taxes of anyone making over $100,000 a year. I would leave in place current tax leaves up to that $100,000 and from there I would allow them to progressively increase. Any individual making over $200,000 should have his/her rates returned to the 75% leave. (That is a tax of 75% on every dollar earned over that 200,000 mark.) I would take this extra money and divide it into three groups, the first would go to pay down the National Debt, the second would go to create jobs that paid a living wage, and the third would be divided up evenly among everyone making under $70,000. Most of that third group would end up right back into the economy, the same with the second group. As the economy improved more money would go to the rich who own the corporations, so everyone wins.

  2. Anonymous says:

    You could also do this by impose taxes on outsourcing jobs…sort of a reverse tariff

  3. Anonymous says:

    Sorry, the common good is an orphan today and much of FDR's New Deal failed, without the stimulus (and European gold) of WW II.

  4. Anonymous says:


    FDR's New Deal never failed! if anything it was slowed down by the second world war, but it saved America and that's what we need again.

  5. Anonymous says:

    Sorry, but short term pain is necessary to save the body from death. Keynesianism is a denial of necessary economic cycles (whether made worse by political action or not) in favor of short term political gain. So I would work on the serious structural deficiencies of Western economics (America's is clearly not sustainable at all) rather than vainly trying to paper over the symptoms. Put money into rebuilding a decaying American infrastructure for one (over half of our bridges here are marginal). All else is pandering to voters, buying their votes (if populist rather than corporate) in the most crass way.
    Shalom

  6. Anonymous says:

    Do what you can with your rebate to promote the local merchant. They will effect the local tax base more than a multinational conglomerate.
    Pay off some nagging debt. It will help in the long run. Apply to your principle on a mortgage for example (especially if you have long term mortgages)…
    Whatever you do, spend it wisely. Don't splurge
    http://money.cnn.com/2008/02/04/news/economy/rebates_uschina/index.htm?postversion=2008020411

  7. Anonymous says:

    Blondie, you got that all wrong. It started back when Reagan cut a lot of the funding when made schools drop classes in things like Civics. Then came Bush 2 with his “Leave no Child behind” and all the schools had to start teaching for a test. Kids weren't taught history or civics, all they were taught were the answers to be able to pass the test. Personally I don't see why you would object to a respectful atmosphere, I think it's a good thing to teach our kids not to hate.N10-004 exam | PMI-001 exam | EX0-101 exam

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