New Economic Plan - The We Deserve it Dividend

[azangie]

Tongue in cheek

I'm against the $85 BILLION bailout of AIG. Instead, I'm in favor of giving $85,000,000,000 to America in a "We Deserve It" dividend. To make the math simple, let's assume there are 200,000,000 bona fide U.S. citizens, aged 18+.

Our population is about 301 million counting every man, woman and child. So,
200,000,000 might be a fair stab at adults 18 and up. Now, divide 200 million, 18+ adults into $85 billion - that equals $425,000.00 each! Yes, my plan is to give that $425,000 to every adult as a "We Deserve It" dividend.

Of course, it would NOT be tax free. So, let's assume a tax rate of 30%. Every would pay $127,500.00 in taxes. That sends $25.5 billion right back to Uncle Sam! It also means that every adult 18+ has $297,500.00 in their pocket. A husband and wife would have $595,000.00!

What would you do with $297,500.00 to $595,000.00?

* Pay off your mortgage - housing crisis solved
* Repay college loans - what a great boost to new grads
* Put away money for college - it'll really be there
* Save in a bank - create money to loan to entrepreneurs
* Buy a new car - create jobs
* Invest in the market - capital drives growth
* Pay for your parent's medical insurance - health care improves
* Enable Deadbeat Dads to come clean - or else

Remember this is for every adult U.S. citizen, 18 and older (including the folks who lost their jobs at Lehmann Brothers and every other company that is cutting back) and of course, for those serving in our Armed Forces.

If we're going to re-distribute wealth let's really do it! Instead of trickling out a puny $1,000.00 economic incentive.

If we're going to do an $85 billion bailout, let's bail out every adult U.S. citizen!!

As for AIG - liquidate it.
* Sell off its parts.
* Let American General go back to being American General.
* Sell off the real estate.
* Let the private sector bargain hunters cut it up and clean it up.
We deserve the money and AIG doesn't. Sure it's a crazy idea, but can you imagine the coast-to-coast block party?!

How do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t d-i-v-i-d-e- n-d! I trust my fellow adult Americans to know how to use the $85 Billion "We Deserve It" dividend more than I do the geniuses at AIG or in Washington, D.C. .

And remember, thi plan only really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam.

Ahhh...I feel so much better getting that off my chest.

[Greebo]

Seen it. The guy who wrote this can't do math.

$85,000,000,000 / 200,000,000 = $425.00

[monkeywrangler71]

Actually it's $425. Which is why the $150 Billion that was already sent out to everyone amounted to so little.

[monkeywrangler71]

Oops, Greebo got in ahead of me...

[Greebo]

Oops, Greebo got in ahead of me...

I cut in line.

I also steal candy from babies.

[monkeywrangler71]

I cut in line.

I also steal candy from babies.

yummm, candy

[Lady_V]

I'd still take the $425... but then again, I'd wrestle my Mom for a penny I found on the ground

[Russ]

well you two are no dang fun. I like the original post, so I'm ignoring you two.

[Greebo]

well you two are no dang fun. I like the original post, so I'm ignoring you two.

Ignorance is bliss.

[azangie]

Someone always has to burst my dream bubble with the cold hard facts.



Oh well.......

[monkeywrangler71]

Yes, math sucks, I'm sure my teenager would agree.

[shortstack]

Lady V that has to be the funniest thing I've read in a long time!
Andrea

I'd still take the $425... but then again, I'd wrestle my Mom for a penny I found on the ground

[hippytreehugger4ever]

You also have to take into consideration that it's not just a matter of the United States economy, but the entire world economy.

[forHISglory]

Sigh......
I'm a math incompetent and was quite willing to accept the opening post figures!

My imagination was already rolling.

And now..... back to my regularly scheduled programming......

[Russ]

reality is over rated.