If all of the bailout money wall street & car co. were divided equally to each US household, how much it be?
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Jill C
With all of the money going to companies and wall street executives, how much would it be if each legal U.S. household got an equal portion of this money instead of them? With criteria like, a certain amount must be spent on investing, debt reduction, and buying a new American made car, I believe the American people would have been a better investment for all of this money than the ones getting it.
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With all of the money going to companies and wall street executives, how much would it be if each legal U.S. household got an equal portion of this money instead of them? With criteria like, a certain amount must be spent on investing, debt reduction, and buying a new American made car, I believe the American people would have been a better investment for all of this money than the ones getting it.
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August 18th, 2009 at 2:44 am
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I would never have to worry about where my next dollar was coming from. I would not have to worry about who to pay, Peter or Paul.
August 19th, 2009 at 2:35 pm
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Well, back when it was $700 billion, it was like 2500$ per person. Hard to say what it is by now, it keeps growing…
August 22nd, 2009 at 9:12 am
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1 trillion dollars would mean $3333 for every man woman and child. But if that was given to the poorest of the poor , about 20,000,000 people, that would be $50,000 each for them. I wonder how they would feel about getting 50,000 .Would feed them for years. But that won`t ever happen because too much evil greed in the upper class.
August 24th, 2009 at 5:07 am
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a whole lot……. of socialism
August 26th, 2009 at 8:28 pm
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I see what point you’re trying to make how all the money would be better off in the people’s hands, but I think if the government is going to cause inflation in order to solve the economic issue, I think it’s a safer plan to invest it in corporations because of my sole opinion that the wealth will stream down to the people, if it works. It’s also easier for the government to receive cooperation from big businesses than each and every person. I’m sure not every American is going to put that money back into the economy. Some might save it and never put it back into the economy.
Plus it’s not like the bail-out bill is giving money to the corporations, the government is actually holding shares of that business. So, it’s pretty much buying part of that business. (Sprinkle of socialism, anyone?)
August 30th, 2009 at 7:47 am
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Why does the reveal always follow the next impending disaster? Shouldn’t congress have checked on this before?