These plans 'Stimulated' the wrong people. Auto makers, Campaign contributers, and other wrongful reciepients were given billions of Taxpayer dollars to get their operations and payrolls back in order. However, we see the results of giving this money to General Motors - Bankruptcy still.
If the Federal Government truly wanted to stimulate the economy by freely giving away taxpayer money - Give It To The People! It is OUR money. Below is an example:
Allocate $XXXXXXXXXXXX amount of money for stimulus. Divide that sum of cash by XXXXXXX number Taxpaying US Citizens. Give that amount to each taxpayer.
This would have stimulated the Economy as a WHOLE. People would have had disposable income in their hands to pay mortgages, auto loans, utility bills, credit cards, Etc. The mortgage & auto loan payments would have helped shore up the banking industry. The auto industry would have benefitted because people would erase debt and have the ability to purchase new vehicles. The Retail sector would have shown better revenues and sales because people would be more financially stable & confident in their financial futures.
........ Economy Stimulated.
