Current - #201 - #15 - Stimulous Package.....

What would happen if the “Stimulus Package” was sent to

the“consumers”? ….. “OR” ….. What would happen if the

“Stimulus Package “ was sent to the “business community”?

Do you want to encourage more “business activity”, more new, enlarged plants, more jobs available, etc.
“or”
Do you want to give “consumers” more money so they can spend more?

If people spend more, business will have to increase their sales and perhaps their jobs (that is, if “worker productivity” doesn’t absorb the increase in sales activity!)
If you want to start more businesses or increase their spending on more equipment, increase the volume of purchases, and try to make it more possible to make a better profit, the “incentive” should go to business.

If you’re a Democrat, you believe “the people” should have the “incentive”.
If you’re a Republican, you believe that “business and investment” is the better way to a more permanent solution to a stumbling economy.

Not too difficult to figure out! …. Where do you stand?

Do you think a “Tax Cut” to the people to give them more of their own money is the best way?
Do you think that a “Tax Cut” only benefits the “rich”? (despite the fact that the “rich” already pay over 40% of the total bill, although they represent less than 1% of the population!)
Do you know that if the “rich” were to pay a 100% tax, the USA could only run for about 6 weeks! If you took all the income from the so-called “rich”, you wouldn’t approach the total amount of money the Government spends!

So what’s wrong with all the “stuff” you hear about?
To give more money to the people to spend; or, give entrepreneurs and business a “stimulus” to grow a stronger economy?
Will business follow “consumer” demand, or does “business” need a temporary “stimulus” to gain confidence in the future and grow a stronger economy?
Which comes first?
Are you a Democrat or a Republican? …. or ….What’s in the best interest of the country?

BIG DIFFERENCE!!!

Without a stronger and growing economy the USA will not have a future!
Jobs,(and hence income from these jobs), are created by people willing to take a “risk”….. stockholders, banks and “rich” individuals and corporations. … The “risk” to lose all, the chance to be rewarded!!!
That’s quite different than “leaning” on someone else to provide sustenance.
Yes, there are “corporate” crooks! Yes, the GAAP (Generally Accepted Accounting Principles) leave the price times so-called earnings ratio a chancy number at the very least! Yes, certain “rich” people do not share their good fortune well! Yes, yes, yes!! You need the “risk takers”

BUT, relying on your government to provide you with your well being is a “short sided dream”!!