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I believe I have a solution for the current economic condition. Considering the billions of dollars being poured into revitalizing the economy, I think that this idea would work. It's even complicated and confusing enough to satisfy the most ardent civil servant. Of course, there are some stipulations attached.
Politicians at any level do not qualify. The recipients must have been born in this country. Also, all levels of government must cap current overheads such as taxes.
Grocers, lawyers, homebuilders, appliance manufacturers, foreign automakers, foreign oil and gas companies, foreign communication companies, foreign mining companies, forestry companies, construction companies, etc. must also have their current prices capped, thereby preventing outrageous inflation.
People convicted of criminal actions do not qualify either. That leaves, I think, the average consumer.
Now, the solution you've been waiting for: Give the remaining population a lump sum of $1 million each. This will give the general public the necessary disposable income to keep spending or investing. It's also a lot cheaper.
We don't have a population of 40 billion. The drug dealers and addicts will take care of themselves as they are doing now. By the time this economic downturn rights itself, most of these recipients will be back to where they were anyway: no further ahead, just as the government likes, and the cycle will start again. The banks aren't saddled with foreclosures and everybody is happy.
Politicians at any level do not qualify. The recipients must have been born in this country. Also, all levels of government must cap current overheads such as taxes.
Grocers, lawyers, homebuilders, appliance manufacturers, foreign automakers, foreign oil and gas companies, foreign communication companies, foreign mining companies, forestry companies, construction companies, etc. must also have their current prices capped, thereby preventing outrageous inflation.
People convicted of criminal actions do not qualify either. That leaves, I think, the average consumer.
Now, the solution you've been waiting for: Give the remaining population a lump sum of $1 million each. This will give the general public the necessary disposable income to keep spending or investing. It's also a lot cheaper.
We don't have a population of 40 billion. The drug dealers and addicts will take care of themselves as they are doing now. By the time this economic downturn rights itself, most of these recipients will be back to where they were anyway: no further ahead, just as the government likes, and the cycle will start again. The banks aren't saddled with foreclosures and everybody is happy.
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