Are we getting a stimulus check in 2012?
2011 – 50,000 (Fifty Thousand) Dollar Economic Stimulus Check.
The U.S. Economy is in shambles and Capitol Hill scrambles to find an answer to the problem. What can government do in order to stimulate the economy?
First off, trickle down economics doesn’t work. Back in the 80′s it worked. But since we are in a global economy the trickle down money of yesteryear wouldn’t stimulate the U.S. Economy, it would stimulate overpaid CEOs and manufacturers overseas.
What about the government bailout packages for corporations? I don’t think they will work that well. You can give all the money you want to the auto industry, but if people don’t have any money or credit to buy a car, the Automakers are still going to go under.
What is the answer to stimulating the economy? Here is the simplest solution. It’s so easy that the government wouldn’t even consider it.
The swift and prudent action would be to give each middle-class taxpayer a 2011 stimulus check of 50,000 dollars. Yes, $50,000!
This is the 2012 Economic Stimulus Check.
This 2012 stimulus check would stimulate the economy faster than you could shake a stick at it.
So how would the United States Government fund such a economic stimulus check? Easy!
- You cease to spend tons of money a month in Iraq.
- The country of Iraq pays the United States for the war in OIL.
- You cut back on useless Government waste.
- (Insert your idea in the comment section.)
So how would giving people a 50 thousand dollar stimulus check stimulate the economy? If you give the taxpayers a 50 thousand dollar 2012 stimulus check they will spend. For example, Joe The Plumber gets a check or direct deposit of 50,000 dollars. He goes to Walmart and buys a new Plasma TV. Walmart makes money on the sale, Magnavox makes money because they are selling more TVs and the employees of Magnavox and Walmart are working and making money. Joe the plumber can now watch a Cleveland Browns game and everyone is happy.
Jane, the single mom, just got her 50 thousand dollar 2012 stimulus check. She’s happier than a pig in mud. Jane needs a new car. She doesn’t want to spend her entire 50 thousand dollar economic stimulus check on a new car so she drops 5 grand down on a new GM car and finances the rest. In this example, GM is making and selling cars. GM employees are back to work. Credit is flowing again because the bank loaned Jane money for her car. The guys at the steel mill are making more steel for GM and the vendor that fills the vending machines at the steel mill is happy because people are buying the chips out of his machine.
It’s so simple. If you want to see it visually here is a chart. (Click on the image to enlarge it.)
So there you have it. Money flows, credit flows and most importantly the economy as a whole shifts into high gear all from a 50 thousand dollar a person stimulus check that the government CAN AFFORD.
Don’t like the plan? Like the plan? Comment on it!
2011 Economic Stimulus Check, When are we getting our stimulus check? When are stimulus checks being sent out? Am I getting a stimulus check in 2011? IRS stimulus check 2011 stimulus package Obama stimulus check how much is the 2011 stimulus check ? 2011 STIMULUS CHECK
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- MORGAN STANLEY: This Is What The US Economy Will Be Like In 2012 And 2013 (businessinsider.com)
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Tom, You sir are the people I am talking about. You expect everything to be handed to you. By being involved in a 401k you were fully aware of the risk involved. Here is an idea, take what you were putting into your 401k and try a fixed annuity. Guaranteed growth over the term wow. I am paying 75 a month into mine and will have well over a million liquid dollars available to me at my retirement. My pay in term is 20 years. That’s 18,000 pay in and over a million pay out. yeah I pay for 20 and wait another 20 after that but I think making almost 60 dollars on the dollar is worth the wait. The great depression was not caused by poor planning because you cant plan the stock market. It is a complete gamble that way too many people had way too much faith in.so in my opinion stupidity and the belief in private banks and company’s which were and still are traded on the open market are the cause of the Great Depression
The causes that we are all educated to believe are as follows.
1. Stock Market Crash of 1929 ( Why did it crash?)
2. Bank Failures (Where Did the money go?)
3. Reduction in Purchasing Across the Board (Where did the bank spend our money?)
4. American Economic Policy with Europe ( lets put a tariff on foreign goods)
5. Drought Conditions in the Mississippi valley (Darn another summer in the mid-west lets blame that for us being broke)
Not by poor planning or the rich and the political people of the day. Please inform your self in this matter to prevent a future much more harsh response from myself. So basically Tom, what I stated was and is still true. If you don’t like the boat you are in get in another boat.
I don’t expect anything to be handed to me. I got 112 of these blogs up and running that make me a lot of money. It was hard work. I publish my ideas, they get found in the search engines by people looking for answers. I bust my behind all day to make money in my sleep. However, I firmly do believe that a huge stimulus check would revive the economy. Let’s pump the dollars into our own country before we start pumping billions a day into foreign countries like Iraq and Afghanistan. Hey…it’s just my opinion. Thanks for visiting my page.
I am just so tired of the debt that I allowed myself to get into
A few years back it has destroyed my credit and caused major marital problems. I live by a check to check basis and I cannot miss a day of work no matter how sick I may be because if I do that means there will be more than 1 bill that I wouldn’t be able to pay. I have done everything I can to get out of debt and save like on electricity and what not but as far as getting a loan to pay off all my debt no one will help!!! So yes I strongly believe in the stimulous checks to help the economy! It would help me even if it was 20$. I have a wife with one child and another on the way. My question though is, is there suppose to be a stimulous check in 2012 if so when?