New Stimulus Package

[katharina]

What do you think of the newest stimulus package (US)? Will it work or will it tend to jumpstart a depression much faster?

 

[alaine]

Personally, I don't think it's a good idea to bail out big companies. However, if they invest money by giving a $15,000 break to families that buy a home or send a sweeter income tax return -- that's awesome.

A lot of these companies have been managing their companies recklessly. They really don't deserve to have as much control over our economy as they do. Maybe we should invest in small business owners, and spread it out a little more.

 

[Kitten]

I really don't know what it's going to do. I mean, I *hope* it does something good, but how will we really know?

 

[Daydreamer1]

What do you think of the newest stimulus package (US)? Will it work or will it tend to jumpstart a depression much faster?

Since we are already in a depression, using the same methods that brought us out of the last Great Depression should be high priority.

 

[toolman]

Depression????

Since we are already in a depression, using the same methods that brought us out of the last Great Depression should be high priority.

Depression? We are not in one yet! But if they do not do the 2nd stimulus package right, we will head deeper down the road we are going. If they would clamp down on the Banks that got the 1st stimulus package I believe the economy would turn or stop sliding.

 

[katharina]

If they would clamp down on the Banks that got the 1st stimulus package I believe the economy would turn or stop sliding.

That does seem to be a major part of the problem, doesn't it? And they got all that money and didn't have to account for where they spent it? Well now that's just not right!

 

[heretoday]

Regular folks gettin' riled up

I don't know if I recall there ever being a time I recall in the recent past when average folks seemed so riled up. I've read in history books about how in the early 20th century people got cheesed off at the corporations and the bigshots and how the big banks had to behave. I wonder if that will happen again?

 

[woodywoodpecker]

I haven't heard many details of the latest stimulus package. Does anyone know what the details are to this one? I was wondering about this today and I guess I could do a search but frankly, right now, I'm just too darned lazy. I worked hard today!

 

[heretoday]

I heard on the news that there was going to be a tax credit, I think four hundred dollars per individual and eight hundred dollars per couple. Also some infrastructure money for the states.

 

[SageMother]

I don't know if I recall there ever being a time I recall in the recent past when average folks seemed so riled up. I've read in history books about how in the early 20th century people got cheesed off at the corporations and the bigshots and how the big banks had to behave. I wonder if that will happen again?

The USA doesn't seem to have had its French or Bolshevik revolutions, but this just might spark one.

If nothing else, Reps and Senators who want to keep their jobs, regardless of party, better step up and get things moving!