Quote:
Originally Posted by kane
For example, we are scheduled to give Pakistan $800 million dollars in aid by the end of the year. Instead of giving them that money why not use that money
There is no easy answer to fixing the problems this country has. I was just giving a few examples of how a stimulus could be used to put people to work as opposed to just putting money into the economy that doesn't seem to do anything but sit in vaults.
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Agreed we should be spending that money differently. But spending it will still cause the effects of inflation. Which does hurt the middle class and poor the most.
Quote:
Originally Posted by GregE
Nonsense.
The money Kane spoke of is a portion of those profits that the big corporations are currently sitting on. That's money that at present is doing neither the country nor the economy any good whatsoever.
Until this country starts working again, things will never get better.
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Not doing any good? You realize if you pull that money out of the banks through taxation the banks will have less money to lend? Again, taking money from one and giving it to who the government thinks should have it. Not a good system at all.
It has been prove over and over again that stimulus packages do not work. If the last 3 years has not prove that I don't know what will convince you.