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I’ll Show You A Stimulus Plan
What we should have done instead of passing that ridiculous Obama stimulus plan that was nothing but $787 billion in pork, is pass something real and tangible.
If the Dems want to go the socialist route, then let’s do that. How about we give every single man and woman in America that’s 21 years of age or older a check for $1 million.
If you’re 21 years of age or older and in the country legally, you get $1 million bucks — tax free.
Think about that. It would cost a fraction of what the phony stimulus plan cost and would put real money in people’s pockets.
I just wonder what the implications long-term of something like that would be? It would cost the government little, but I wonder what the long-term societal impact of something like that would be.
Would it end up being a net positive for the country? Would there be unforeseen consequences?
Before you jerks start emailing me about this, I’m not trying to claim this as my idea. I’ve heard it suggested before, but I really gave it some thought today.
Instead of pissing money away on phony global warming and porky special interests, imagine if we just gave a bunch of money back to the people.
-Chris Jones
Deal Reached on Tax Rebates for Stimulus
From the AP:
Democratic and Republican congressional leaders reached a tentative deal Thursday on tax rebates of $300 to $1,200 per family and business tax cuts to jolt the slumping economy.
Congressional officials close to the negotiations said House Speaker Nancy Pelosi and Republican Leader John Boehner of Ohio reached agreement in principle in a telephone call Thursday morning.
The officials, speaking on condition of anonymity, said the two wanted key members of their parties to sign off on the accord before any announcement.
The accord came as the White House said Thursday an agreement was imminent.
Pelosi, D-Calif., agreed to drop increases in food stamp and unemployment benefits during a Wednesday meeting in exchange for gaining rebates of at least $300 for almost everyone earning a paycheck, including low-income earners who make too little to pay income taxes.
Families with children would receive an additional $300 per child, subject to an overall cap of perhaps $1,200, according to a senior House aide who outlined the deal on condition of anonymity in advance of formal adoption of the whole package. Rebates would go to people earning below a certain income cap, likely individuals earning $75,000 or less and couples with incomes of $150,000 or less.
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