Do you think it would hurt, help or not make a difference in the U.S. Economy if the federal government gave every man, woman and child that's a U.S. Citizen $1,000,000 instead of the bailout package set forth by the Bush and Obama administrations?
It seems to that most people would have immediate spending power and with the bad habits would start spending. Furthermore, many people would be able to pay off mortgages, student loans, consumer debt, save, invest and start new businesses. There would be no need to forgive bad loans since people would have money to negotiate deals with creditors.
I haven't done the math and have heard through forgotten sources that the bailout money from the Bush and Obama administrations would allow the U.S. federal government to give every U.S. Citizen $1,000,000.
A million dollar bail out would mean that writers, authors, editors, book publishers and those in the literary community would have the money necessary to bring their dreams and visions to light.
What would you do with your million dollar bail out?
