Gov Stimulus

Discussion in 'Economics' started by PocketChange, Oct 23, 2008.

  1. An idea for stimulating the market and helping american tax payers out.

    Instead of cutting checks for $600 - $2500... the feds should deposit into an account for every tax payer a $2500 payment/subsidy into a special tax payer Roth IRA. Shares of AIG and all of our nationalized banks should also flow into these accounts.

    These funds would of course be invested tax free until retirement and the people who really are in a crunch for cash can borrow against / or cash them out with a small penalty.

    The idea is Social security is bankrupt... the market is facing unprecedented redemptions and this type of action may at least provide everyone a vested interest in stabalizing stock plunges and long term retirement relief.

    Eitherway they are doing this with taxpayer money already... sure would be nice to have a little collateral from Uncle Sam.