The US Stimulation Package 2

The politicians seem to think that simply scattering a bunch of money around will promote the "US economy". Too bad politicians don't have to pass a competency test before they get their hands on taxpayer money. Simple logic proves how reckless their action was.

If a pile of checks are sent out, then a huge chunk of the money will go to food and inexpensive goods (Walmart type stores), and to expensive life-style buys (overseas supplied too).

The employment in other countries will be given a massive assistance by the purchases coming from the “US Stimulation Package”.

The politicians would have done better by, for example:

1 Giving out $billions in food stamps that get spent locally and help the poor. This returns more than $1 into the community for every food stamp dollar spent.
2 Setting aside $billions more to extend Unemployment Insurance that also helps locally. Include retraining assistance to help them get employed into a changed work environment.
3 Include using $10-20 billion for maybe clean fuels research, or redesign rebating to clean up dirty coal power plants.
4 And by taking a whopping $100 billion of it, and telling the American public that the money is up for grabs for the full cost of their purchase of installed operational wind and solar power collectors, of all sizes, on a first come first served basis. Exclude large power farms from this stimulation package but not the bulk purchases of with-in city limits units that cities may wish to install. Many American people, cities and companies would jump in to get their chunk of the $billions.

Engaging these few things would cause instant effects and the money will be invested to promote the “US economy”.

The continuing effect would be us becoming world leaders in these and other clean power technologies, many Americans finding permanent good employment, the US becoming a little more energy secure, and investment in the US stock market would also be assisted upward by the effect of American companies gearing up for the manufacturing, sales, and educational needs.

Giving the poor, unemployed, and low paid people a few dollars won’t help them or the economy. The permanent availability of many good paying jobs would be better for them and the current middle class. Sort of like being given a fish as opposed to being helped to become a fisherman.

My first blog on “The US Stimulation Package” can be found at: http://community.myfoxstl.com/blogs/JosephThePoet