The Daily Bragger - Latest Comments in 2009 Economic Stimulus Package - 50K Per Taxpayer

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

spring — Tue, 14 Jul 2009 19:24:43 -0000

I think 50 grand would be wonderful for everyone because it would help all of us out. It would help the low income family a big deal. They would be able to get what they need to take care of their children and not have to worry about the children not having cloths,food, items for school and everything else that children need. It would help with peoples houses that are falling apart and cars that are falling apart. Help people that have lost their jobs and or out of unemployment. Help the united state people out. come on. Help your american children out. Help people from becoming homeless because of how bad the economy has gotten. Don't let our children suffer.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

chris — Fri, 22 May 2009 17:11:14 -0000

I agree 100%, because I am Joe the Plummer and if I would recive a $50,000 dollar check I would go out and spend the money. I would spend it on things like a down payment on a home or a new car. I can think of a million things that I would love to do with that kind of money.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

hanif — Sat, 16 May 2009 23:11:39 -0000

2009 check is based on your 2008 filing status or interchangeabale because he is so slow back in the day can't be suck on the same time as him he needs to start over every time

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

DE — Sat, 16 May 2009 22:23:20 -0000

I WOULD BE MORE THAN HAPPY TO SPEND A $50K CHECK!! AND YOUR RIGHT, PEOPLE WOULD SPEND IT. A VERY SMALL PERCENTAGE OF THE POPULATION WOULD SAVE IT.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

POed in Ohio — Wed, 11 Feb 2009 16:25:34 -0000

Based on the ticker tracking the current cost of the Iraq war on this web page, the war has cost us less than the original bailout alone. Obama's stimulous plan is about 200 billion dollars more costly than the entire iraqi war thus far. So both bailouts together bring the government bailout cost to about 3 times what we've spent on the iraqi war.

With these numbers in mind, lets take a look at what is possible for a direct to taxpayer stimulous check.

First, you couldn't give any one class the money excluding all others. That would alienate too many people. What you'd have to do is only alienate a few people, or in this case; The Rich.

So long as you make under 200k, you'd qualify for the check, which would only be about 6 THOUSAND DOLLARS. Now, don't get me wrong, the idea is good, but based on the two bailouts, if they distributed that money to US citizens excluding the rich, that would be how much everyone would get.

I do believe this would stimulate the economy. Yes, you'd have some who would put it away. But you'd have plenty who would run out and spend it right away. Most of the poor would spend theirs immediately. Most of the middle class who aren't struggling to make their house payment would do the same, treating themselves to that new entertainment center or whatever. Those struggling may be able to catch up on their house payments to avoid foreclosure.

The money going back into the economy would create new jobs to employ those who were struggling and almost lost their homes. The money they earn goes towards paying their mortgages, so the banks don't need bailed out. It's a good idea.

Unfortunately, the US government will not trust it's citizens to spend the money in the right places. But that is exactly what is necessary to give this economy the boost it needs. Big business doesn't drive the economy. Consumers do.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

cilla — Wed, 11 Feb 2009 14:44:14 -0000

i think it would be awesome,you know there would be alot less stealing killing and other horrible things because joe blow isnt stressed about paying bills or having a home or a nice dependable vehicle or paying child support or what ever money trouble they may stress over because they would have releif and thats all anyone is looking for is some releif i mean give me one good reason why they shouldnt do that..i know not all crimes are committed over money or stress but a good deal of them are i mean why do people flipped out or go crazy mostly because they are exhausted and stressed out......so i know it isnt going to happen but i just wish that it would itwould help alot of middle class people with problems out.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

beth — Wed, 11 Feb 2009 14:05:33 -0000

yes.... that will work good ,i have been saying the same thing

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

the notorious B — Wed, 11 Feb 2009 09:51:45 -0000

I love the idea... but I see two problems...
1. We can't really expect Iraq to pay us back for anything... we went in and destroyed their country - unprovoked. We have an obligation to rebuild it. Unfortunate, but true.

2. I can't imagine anyone would finance a car... I would pay mine off, and it would help my credit, or buy one outright... but would def not want a car payment. So it would still help auto and credit industries, but separately.

Again - love the idea!

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

Pattie — Tue, 10 Feb 2009 21:50:01 -0000

that wouldn't help me.... I'm unemployed, I'd never get approved to buy a new car.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

Pattie — Tue, 10 Feb 2009 21:38:21 -0000

As someone who is currently unemployed, I'd be so happy to get $50K. That would mean I could go back to school, get a degree in something more useful. I could pay off my car, and keep paying my rent while looking for a job. I like your idea.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

Thomas Riley — Fri, 30 Jan 2009 00:24:34 -0000

I Think the Goverment should give all americans $50,000.00. It would Really Really help me. I could buy a new car, Pay bills. I earn a very very low income and I have a disability. I Hope Obama and the Goverment does this Gives All Americans $50,000.00.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

kirstin — Thu, 29 Jan 2009 03:23:19 -0000

has anyone heard of inflation? if everyone all of a sudden has 50k, then the prices of cars are going to skyrocket, and we'll be in the same position. the idea is absolutely stupid. giving people money is not going to make everyone rich, the rich will still be rich, and the poor will all have 50k of useless u.s. dollars.

and we can not make Iraq pay for the war, we did this after WWI and it caused so much problems within the German country it caused WWII,

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

Jo — Sun, 25 Jan 2009 08:43:21 -0000

Don't give the big companys the money to waste on their CEO's they are the ones that don't need it. When the goverment gives them our taxes dollars all they do it put more money in their pockets. How about doing what this artical says and putting money back in to the american peoples pockets? Shoot i know if i ever got that much money i would be doing alot with it. Not only would it keep the economy going it will put a lot of people where they need to be, and this way we would see the results the goverment wants out of trying to keep the economy up and going.

I want to say this. If the goverment wants to move things along and take back our country for the american people then they need to realize that even when people are here on work visa's or even have promision to work in the states by opening up restraunts and general company's they should pay taxes not have tax breaks to keep them here. Who is to say that an american can not do the same thing that they do. If they don't agree to pay the taxes out of their wages, and do the things americans have to do then they don't need to come and work in our country. I think if the goverment would just start backing up the american people, and not say of you don't have to pay taxes cause you are not american they would have alot more flow in the economy.

You know that not one of us is 100% american we are the melting pot of the world. This is what makes us americans, but i think that they should take in to consideration exactly what is happening to the american people born and rasied here. I am sorry they need to worry about what is happening with in our boarders and strighten us out before they go and help out another country. We have hungry here, we have homeless here, we have abandoned children here, most of all we have people ever day lossing their jobs, homes, life, and this needs to be token care of.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

Mike_hater — Sun, 18 Jan 2009 13:05:01 -0000

What the fuck? You are an inhuman monster and I genuinely hope you die a horrible painful, excruciating death. Then I would love to see people of the world unite and take turns dancing on your emaciated corpse. That is all.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

Tom Guard — Sun, 18 Jan 2009 03:32:26 -0000

Thanks for all of your comments. In all honesty, I really think that the 2009 stimulus check should be over 25k. Do you really think that a 600 dollar check is going to stimulate the economy?

I hope that the White House sees this idea and really gives everyone 50 thousand dollars. Don't worry about inflation. We are in a period of deflation. If everyone got a stimulus check worth this much, everybody could buy cars, houses, tv and pay off some bills. This is the only way to stimulate the economy.

It's either this way or get ready to grab a shovel and start building more highways so we can drive more cars that we can't afford because credit is frozen. - Sometimes the simplest solution is the best.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

JON — Sun, 18 Jan 2009 00:22:03 -0000

i think it's BS that thegovernment bailsout big business but not us we need this money more then them.
50k would to a lot for everyone. you could keep your house buy a new car. last year i got 600$ it all went to bills. give the people money and not BIG BUSINES

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

Andria - Indiana — Fri, 16 Jan 2009 05:58:20 -0000

I will admit that $50,000 would help my family out a lot but, I don't see it happening.

Household gross income in 2008: $21,000
Mortgage payment:$650
Heating bill: $150
Electric: $100
Vehicle payment: $250
Insurance for home and auto: $250
Gas for work for both of us: $300
Food for four: $300
New transmission so we can get to work: $75
Diapers: $50

Not to mention the fact that I am being sued for medical bills for my little boy, who when he was born spent 8 days in NICU and almost died.

That works out to a monthly income of $1750 and monthly bills of $2125. My soon to be husband and I BOTH work. He is a roofer so this is his slow time which we use to suppliment with my income in the winter months but since my hours have been cut from 40 a week to 8 a week it's been nearly impossible. We are BOTH seeking second jobs, which here in Northern Idiana, the homeland of RV companies, is nearly impossible to find. Not to mention if either or both of us were to find a second job we would have to start paying for daycare, which would ultimately consume all if not more then we would be making working a second job.

We are not greedy people, I am 28 and have had a job since I was 11, yes 11 and no I don't mean babysitting I mean a job as a farm hand, actually working to help my parents. Granted in my younger years I was paid cash, but as soon as I turned 16 I started paying taxes. Now as an adult for the first time I need help and can't even qualify for food stamps so my little ones can have more then a PB&J for lunch.

I think $50,000 is just a dream and could have some bad effects but why not $5,000 to a single person and $10,000 for a married couple?

And just FYI those that receive SSI and/or government assistance do file taxes and do get refunds. That's why they also got stimulus checks last year, as long as they received $3,000 in benefits that is...

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

Tom — Fri, 09 Jan 2009 22:51:21 -0000

I know what it's like to live paycheck to paycheck. I do it now. I only pay 6.95 a month to keep this blog up and running. It's stressful. I only wish that Washington could honestly understand that it is the people that stimulate the economy.

See, we are selling bonds to China to get all of this money. Pretty soon we are just going to print more money.

See, if the government actually gave us 50 thousand dollars, they would eventually get that money back in taxes. When people make more money and spend, the government gets more in tax revenue.

Because of the overwhelming response to this article I wrote, I'm probably going to start another site about government grips.

Thank you all for your comments and keep them coming.

May we all get through this rough time with ease.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

Julie — Fri, 09 Jan 2009 22:00:07 -0000

I have worked all my life since I was 15 years old. I am now 41 years old and in danger of loosing my 9 year job, due only to the current economy. I also have a part time cleaning job. Granted, I was living outside of my means. I have no business having two mortgages and four credit cards. But who gave me the mortgages and the four credit cards in the 1st place? I was young and irresponsible. Now that I am older and wiser, it is too late. I live pay check to pay check and the only way out for me is to file bankruptcy or get a 3rd JOB! I do not expect $50,000, but $10,000 would be a huge help. And this would only go to individuals who filed 2007 taxes. The Government could definately afford this. And for the idiot who said there are 305 million x $50,000..... NOT ALL 305 MILLION PEOPLE FILED 2007 TAXES. Therefore, those people who live off the Government currently, would get zilch, nada, nothing! So it would not be as much money as you say and the cost of living would not go up 50% with my idea. I have been working for 26 years! Why should some people get to sit home on their butts and live off the Government and I get NOTHING????!!!!!! Give the working Americans a bail out! WE DESERVE IT!!!!

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

shelia — Thu, 08 Jan 2009 21:34:57 -0000

i think it is a great idea to give these big stimulas checks everyone can really use the money that would be probably the bset thing the govt. can do to help the economy if i got one i would be able to buy things i need almost all the money would go back to the state, there fore helping everyone

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

nash — Thu, 08 Jan 2009 15:44:23 -0000

What happens when that 50K is gone and the cost of living has doubled in less than a year because if this moronic idea?

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

nash — Thu, 08 Jan 2009 15:42:04 -0000

Of all the stupid ideas I have ever heard, this tops them all. Just when I think I've read the most ignorant article/blog, I then read some of the comments and I realize our country is in serious trouble with all of the childish replies I've read. I'm assuming that none of you fully understand how our federal reserve and deficit works. Let's start out with simple math:

Population: 305,579,000 (yes 305 + million people) x
Dumb Stimulus idea: $50,0000
= $15,280,000,000,000 (yes, that is 15 trillion dollars)

our current deficit is at 12 trillion. You have now doubled our defecit in one blow. 12 trillion didn't happen over night. This is 200 plus years of work, so basically you want us to be set back another 200 years because you don't know how to take care of your money. Shame on you, you idiots.

You can't just randomly say, let's print out 15 trillion dollars worth of money and give it to everyone without suffering consequences. Money has to be backed in our reserve, and by doing this you have just weakened the dollar by 50%. So that means you have more than doubled the cost of living with your $50,000 idea, in one blow. Then you have what's called the snowball effect. The economy cannot take a 50% hit in such a rapid time and will actually build momentum with prices on everyday items rapidly increasing there for adding to that 50% inflation increase. Not telling how fast that number will grow after that. Nice thinking there Einstein.

The United States Government doesn't owe you anything. Get off your butt and do it yourself. I just can't believe how many people are out there that depend on our government to take care of them. Laziness, pure laziness. This is exactly why our country is in trouble.....people who expect more than what they put in. Idiots, who go to school on $80,000 loans and don't know what to do when they have to pay it.

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

AT — Thu, 08 Jan 2009 14:33:07 -0000

The reason this would never happen is 50k may actually get some people out of debt, which unfortunately is exactly where you society wants us to stay. Otherwise, the upper class can no longe capitolize on the bondage of debt!!!

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

IsraelmyBeloved — Thu, 08 Jan 2009 14:06:51 -0000

Wake Up People, This Is America, Home of the Greedy, not the Brave!!!!
As in Greedy I mean the US GOVERNMENT!!! I Love America, but get real, the big bonus's will go to the CEO's of these big Company's and they just laugh at us because we just let them take our money. No I say we NEED A REVOLUTION IN AMERICA, LET'S TAKE OUR COUNTRY BACK ONE TAXPAYER AT A TIME. Let's storm the gates of DC and give back to the people what is rightfully ours!!!!!!!!!! Our Country, The United States of America. Did you read that....UNITED States, Not the United Government. We the American People the Taxpayers make up the UNITED STATES OF AMERICA!!!!

Re: 2009 Economic Stimulus Package - 50K Per Taxpayer

XGRUNT1993 — Thu, 08 Jan 2009 12:52:59 -0000

I SAID ALMOST THE SAME IDEA WITH THE AUTO BAIL-OUT. I EVEN WROTE TO A REPORT AT MSNBC. I THOUGHT THE GOVERNMENT SHOULD OF GAVE VOUCHERS OUT BAIL-OUT OF $25,000 PER TAX RETURN. TO PURSHASE A NEW CAR. FROM ONE OF THE BIG THREE. I THOUGHT FOR EVERY PENNY THE TAX PAYER SAVED UNDER THAT $25,000 THEY GET HALF BACK. THIS WOULD OF MADE THE AUTO DEALERS WORK FOR THERE MONEY, AND ALSO MAKE THE TAXPAYER TRY TO SAVE AND GET THE BEST DEAL, ALSO ALLOW THE TAXPAYER TO TRADE IN ONE OF THERE OLD JUNKERS. THIS WOULD ENTER HELP THE ENVIROMENT. THIS IDEA WOULD HELP THE AUTO INDUSTRY, ENVIROMENT, AND STIMULATE THE ECONOMY. WHY DOES IT SEEM SO EASY TO SOME OF US?