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Old 01-08-2009, 11:15 PM
 
980 posts, read 1,147,008 times
Reputation: 158

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They say that's a big part of the problem: extremely selfish and self-centered special interest groups, who don't give a darn about anybody but themselves. I think it has torn the country apart. But, economically it is extremely narrow minded and short sighted.

The bridge builder, for example, benefits in the short run, but in the long run, his taxes are increased, his money is devalued and ultimately, the country can afford less and less of his services. After all, he isn't the only special interest group sucking the country dry. So, "the pie" ends up shrinking for everybody.
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Old 01-09-2009, 06:13 AM
 
Location: N.E. Kansas
105 posts, read 438,206 times
Reputation: 38
Why not give every American a part of the stimulus? I understand about the large companies and have a good idea as to what it takes to keep them going. But, isn't it us, who buy, sell, borrow, pay our bills, support families, work that is the backbone of our country? I think we are. That is why I think instead of giving all the money to these companies, that are using some of it to take business trips to spas, etc. to us. We could pay off our mortages, pay our debts down or off, invest some of it, maybe get a different car if needed, buy food, you all know what I am taking about.

One last thing, I just heard that the porn industry wants a part of the bailout. If the goverment even thinks about it, they need help.
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Old 01-09-2009, 10:35 PM
 
980 posts, read 1,147,008 times
Reputation: 158
Giving the stimulus money to everyone, while perhaps a fairer thing to do (considering they are the ones who will ultimately pay it back), probably wouldn't be much different from just loaning them the money, with the following conditions: they don't have to take the money, but they do have to pay it back, with interest. At this point though, I think the last thing The American Public or America needs is another loan

What they could use is higher interest rates in their savings accounts. And, for many Americans, particularly young ones, to see home prices fall a lot farther, would be great!

The Fed is obsessed with Deflation I think most Americans would benefit from deflation.
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