- Jun 18, 2008
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President Obama economic bailout of Wall street brokerage houses, and some banks,should have been followed by a a bailout of each American that filed income taxes
and or who were unemployed.
The banks and brokerage houses are not spending the stimulus bailout money, as the president thought they would.
I do think that if each and every tax paying American was sent a bailout, or stimulus check for $10,000.00 dollars, they would spend that money, and in turn stimulate the entire American economy into increased production, and job creation.
President Bush had the right idea. A direct stimulus check to every tax paying American.
The Obama administration had the economic stimulus all wrong. The tax paying consumer
should have received the stimulus bailout first, not the Wall street fat cat bankers and brokers. This would have immediately turned the entire American economy around.
and or who were unemployed.
The banks and brokerage houses are not spending the stimulus bailout money, as the president thought they would.
I do think that if each and every tax paying American was sent a bailout, or stimulus check for $10,000.00 dollars, they would spend that money, and in turn stimulate the entire American economy into increased production, and job creation.
President Bush had the right idea. A direct stimulus check to every tax paying American.
The Obama administration had the economic stimulus all wrong. The tax paying consumer
should have received the stimulus bailout first, not the Wall street fat cat bankers and brokers. This would have immediately turned the entire American economy around.
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