The Senate is closing in on a deal for a $811 billion "stimulus" package.
It is simplistic to ask, what if they just "gave" the money to the American people?
There are 300,000,000 or so Americans. $811 billion divided by 300 million equals $2703.33 per person.
Would that help our economy as much as, more than or less than the "stimulus" package?
I don't know, I'm just thinking aloud.
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1 comment:
The problem with just giving away the money, as Bush did in his tax rebates, is there is no guarantee that the people will spend it. No spending = no help to the economy.
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