Obama: 'Trillion-Dollar Deficits For Years'

Bail-US-out and Stimulii

plus or minus,

Was not the last 'rebate' the people received averaged in at 1,000 and cost the very same taxpayers 50 billion? If we are to continue in the pattern that our leaders are legislating us into, pehaps some interesting mathematical derivations are in order:

Let us suppose that 'we', 'the people', do hereby authorize and guarantee by what methods necessary the payment to each the amount of 50,000 dollars and the reparations to the treasury in the amount of Two point Five (2.5) Trillion Dollars:

(50 x 1000 would require 50 times 50 billion)

i.e. 1 billion per 'state', equal to some states current budget legislated deficits.

i.e. equal to the current so-labeled "Bailouts" and what "Stimulus" now being proposed for multiple years...

i.e with fifty thousand... Would a cash strapped, empty job opportunity portfolio of a young college student pay off his/her loans, eliminating the so called "debt crisis"? Would you pay down or off your personal debts, freeing your monthly payments for purchaces, thus "jump Start" the process in "consumption" based 'economy'?

i.e. Maybe I might purchase a home I can realistically afford or have the buffer I might need in order to get into a start-up of my own!

i.e. A LOT of us suddenly 'consuming' or perhaps even 'SAVEing' will certainly "Do More" to "Stimulate" the economy than the re-creation of CCCorps when just more than the majority of us find ourselves working directly from public funds, i.e., ouselves. Soon we should realize we can then afford to purchase that new gas saving car within a year or two of what's left in the car industry that make them.

JP of PA @ Jan 08, 2009 18:53:57 PM

How do you like

that hope and change now?

of GA @ Jan 06, 2009 20:08:45 PM

A trillion here, a trillion there...pretty soon it adds up to real money.

New term to learn:

http://dictionary.reference.com/search?r=1&q=quadrillion#dict_header

quad⋅ril⋅lion

   /kwɒˈdrɪlyən/ [kwo-dril-yuhn]

noun, plural -lions, (as after a numeral) -lion, adjective

–noun

1. a cardinal number represented in the U.S. by 1 followed by 15 zeros, and in Great Britain by 1 followed by 24 zeros.

–adjective

2. amounting to one quadrillion in number.

Origin:

1665–75; quadr- + -illion (as in million)

Luther of IL @ Jan 06, 2009 17:42:51 PM