Thursday, September 25, 2008

A Better Way to Spend $700 Billion!

Stolen from Rodger


I'm against the $700,000,000,000.00 bailout

Instead, I'm in favor of giving $700,000,000,000 to America in a We Deserve It Dividend.

To make the math simple, let's assume there are 200,000,000 bona fide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman and child.
So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into $700 billion that equals $3,500.00

My plan is to give $3,500.00 to every person 18+ as a We Deserve It Dividend.

Of course, it would NOT be tax free. So let's assume a tax rate of 30%.

Every individual 18+ has to pay $1050.00 in taxes.

That sends $210,000,000,000 right back to Uncle Sam.

But it means that every adult 18+ has $2,450,00 in their pocket.
A husband and wife has $4,900.00

Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we're going to re-distribute wealth let's really do it...instead of trickling out a puny $1000.00 ( "vote buy" ) economic incentive that is being proposed by one of our candidates for President.

If we're going to do an $700 billion bailout, let's bail out every adult U S Citizen 18+!

Sure it's a crazy idea that can "never work."

But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

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