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Economics 101 or math 101

Discussion in 'Uncategorized Threads' started by hoot619, Sep 26, 2008.

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  1. hoot619

    hoot619 Member

    Joined:
    Jan 29, 1998
    Messages:
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    Now this is an answer makes a whole lot of sense:

    Who said economics had to be complicated and more than non-economists could understand ?

    I'm against the $85,000,000,000.00 bailout of AIG. (That's 85 Billion dollars)

    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 bonafide U. S. Citizens 18+.

    Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..

    So divide 200 million adults 18+ into $85 billon that equals $425,000.00.

    My plan is to give $425,0 00 to every person 18+ as a We Deserve It Dividend.

    Of course, it would NOT be tax free. So let's assume a tax rate of 30%.

    Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000,000 right back to Uncle Sam.

    But it means that every adult 18+ has $297,500.00 in their pocket. A husband and wife has $595,000.00.

    What would you do with $297,500.00 to $595,000.00 in your family? Pay off your mortgage - housing crisis solved. Repay college loans - what a great boost to new grads Put away money for college - it'll 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+ including the folks who lost their jobs at Lehman Brothers and every other compan y 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 $1000.00 economic incentive that is being proposed by one of our candidates for President.

    If we're going to do an $85 billion bailout, let's bail out every adult U S Citizen 18+!

    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.

    Here's my rationale. We deserve it and AIG doesn't.

    Sure it's a crazy idea that can work.

    But can you imagine the Coast-To-Coast Block Party!

    How do you spell Economic Boom?

    I trust my fellow adult Americans to know how to use the $85 Billion We Deserve It Dividend more than the geniuses at AIG or in Washington DC .

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

    Or put in it's simplest form: "It's my money damnit, give it back!"
    Ahhh... I feel so much better getting that off my chest.

    I got this in a e-mail makes sense
     
  2. truthseeker

    truthseeker Member

    Joined:
    Feb 25, 2008
    Messages:
    221
    Your math is off. It is only $425 per person, not $425,000.
     
  3. hoot619

    hoot619 Member

    Joined:
    Jan 29, 1998
    Messages:
    679
    It isn't my math, I just passed it on. But if you want to show me your math will look at it. Ken
     
  4. M R Ducks

    M R Ducks Member

    Joined:
    Jul 13, 2007
    Messages:
    667
    Location:
    Kabul, Afghanistan
    Nothing to show, just divide.

    Understanding that this will never happen, of course, what it means is that everyone over 18 just got a $425 bill from Uncle, payable as soon as they tell you.

    Ugh.
     
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