Saturday, September 27, 2008

We Deserve It

This gem found its way to my inbox this morning and I have to say - it makes so much sense. It would never happen, of course, because the average American citizen struggling in the economy doesn't appear to count for much but wow - can you imagine if the government actually decided to do this? Economy crisis solved. And hey - so many people would be able to afford to buy energy efficient vehicles too which puts us well on the road to solving the energy issues.

I'm just saying....

I'm against the $85,000,000,000.00 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
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

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 company
that is cutting back. And of course, for those serving in our Armed

If we're going to re-distribute wealth let's really do it...instead of
trickling out
a puny $1000.00 ( "vote buy" ) 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 "never 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 I do the geniuses at AIG or in
DC .

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


Ree said...

Wouldn't that be WONDERFUL???!!!!

Tina said...

There is certain merit in that argument.

Tanya said...

Wow, Isn't that crazy! And could do a lot of good for a lot of people. Of course it would need some tweeking, like why should all the rich people get richer and the "kids" like my brother who have never worked but are over 18 and has no drive or desire too. He sure dosen't really deserve $200K to go blow. And it would help many people on, or trying to get, public assistance who might then no longer need those funds again making less stress on the goverment. Wow the possibilities!

A Jersey Girl said...

I would be happy for it:)

Monogram Queen said...

totally agree (as if it would ever happen)