Re: Economic Wreckonomic
Second, if I were in charge, I would suspend all income taxes for 3 months, with an option to extend.
Talk about small business stimulus, and also further stimulus for the average taxpayer.
So far, around $4trillion has been lent to the banks through the lending window, to prop them up and keep their doors open. Yet the red tape is sucking up all the benefits to working, taxpaying citizen, and giving $400,000 vacations to those who have already screwed up.
So, my idea is that if we took the stimulus directly to those who hand the bailout is supposedly supposed to help, we could actually get ourselves out of this mess.
But, global economics are being hijacked, and further economic slavery will be the POS of the day.