Print this story Print

Size

Someone's Idea to Fix the Economy In the Usa

A personal story in the experience: I Received This In My Email
 

We Deserve It Dividend

Hi Y'all,

I'm against the $85,000,000,000.00 bailout of AIG. Instead, I'm in favor of giving $85,000,000, 000 to America in a "We Deserve It Dividend". To make the math simple, let's assume there are 200,000,000 bonafide U.S. Citizens 18+. Our population is about 301,000,000 +/- counting every man, woman and child.

So 200,000,000 might be a fair stab at adults 18 and up. So divide 200 million adults 18+ into $85 billon that equals $425,000.00. My plan is to give $425,000 to every person 18+ as a "We Deserve It Dividend". Of course, it would NOT be tax-free. So let's assume a tax rate of 30%. Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000, 000 right back to Uncle Sam. But it means that every adult 18+ has $297,500.00 in their pocket. A husband and wife has $595,000 .00.

What would you do with $297,500.00 to $595,000.00 in your family?
* Pay off your mortgage - housing crisis solved.
* Repay college loans - what a great boost to new grads
* Put away money for college - it'll be there
* Save in a bank - create money to loan to entrepreneurs.
* Buy a new car - create jobs
* Invest in the market - capital drives growth
* Pay for your parent's medical insurance - health care improves
* Enable Deadbeat Dads to come clean - or else

Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces. If we're going to re-distribute wealth let's really do it, instead of trickling out a puny $1000.00 ( 'vote buy' ) economic incentive that is being proposed by one of our candidates for President.

If we're going to do an $85 billion bailout, let's bail out every adult U S Citizen 18+!

As for AIG - liquidate it.
* Sell off its parts.
* Let American General go back to being American General.
* Sell off the real estate.
* Let the private sector bargain hunters cut it up and clean it up.
* Here's my rationale. We deserve it and AIG doesn't.

Sure it's a crazy idea that can "never work", but can you imagine the Coast-To-Coast block party? How do you spell Economic Boom? I trust my fellow adult Americans to know how to use the $85 Billion. We Deserve It Dividend more than do the geniuses at AIG or in Washington DC. And remember, the family plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam. Ahhh...I feel so much better getting that off my chest.

Kindest personal regards,

A Creative Citizen.

 

Author unknown.... This was sent to me via e-mail. The concept is a good one.

 

Comment (26) Share Your Story Flag
Share |

Comments
   1-10 of 26 Comments   
Comment on this Story
Posted Oct 2nd, 2008 at 8:32AM
I love it :D
     
Posted Oct 2nd, 2008 at 8:34AM
it would be better if people can do basic maths
85,000,000,000/2,000,000= 42500=/=425,000
sorry :P
+2 nods     
Posted Oct 2nd, 2008 at 8:36AM
I'd vote for it.
     
Posted Oct 2nd, 2008 at 8:36AM
I think it's definitely worthy of consideration. And just think... all those people who don't know how to save money will spend it all on things they've always wanted. :P
     
Posted Oct 2nd, 2008 at 8:45AM
Hmmm...I think LTD is correct in that there is an error...but it's $425. My engineer husband pointed this out to me... Poo.
     
Posted Oct 2nd, 2008 at 8:47AM
Sounds perfect, therefore it will never happen.
     
Posted Oct 2nd, 2008 at 8:49AM
Still $25 would be nice. :P

Perhaps they could add another 3 0's... The US has 85 trillion somewhere right?
     
Posted Oct 2nd, 2008 at 8:52AM
for that they would need £850,000,000,000 :S
     
Posted Oct 2nd, 2008 at 8:54AM
All this math is hurting my head...and I still haven't eaten breakfast.
+2 nods     
Posted Oct 2nd, 2008 at 9:12AM
I'm moving to America. That's the "American Dream" right there.

(Did I just write about moving to the USA? Somebody shoot me, oh wait, that will happen after i move to America!)
     
   1-10 of 26 Comments   

Share Your Comment
...then continue the discussion in the story's forum or, send this story to a friend

Experience Project is a community based on authenticity, support, and respect. EP encourages you to post with these values in mind.
Comments
My Comments:
  Notify me by email when there are new comments
 

Polls for I Received This In My Email

Here are some polls created by members of this group:

There are no polls yet. Maybe you can create a poll yourself?

See more polls for I Received This In My Email, or create your own poll


Questions & Answers for I Received This In My Email

Here are a few Questions and Answers for I Received This In My Email

Received This In My Email Open Questions
There are no open questions yet. Why not ask a question now?
Received This In My Email Resolved Questions
There are no resolved questions yet. Why not answer a question now?

See all question and answers for I Received This In My Email


Forum & Chat Board for I Received This In My Email

Here are popular forum topics for I Received This In My Email

See the Received This In My Email forum to chat about these topics and more!


Music, Song, Artist, Book and Movie Recommendations
music
Music:
Song Recommendations
No Recommendations Yet
Add your own favorite songs and lyrics for I Received This In My Email
video
Video:
Movie Recommendations
No Recommendations Yet
Add your Video recommendation
book
Book:
Book Recommendations
No Recommendations Yet
Add your Book recommendation

Related Topics to this Story

Show this Story's Author Some Love

There's lots of ways to show you appreciated this person's story from the experience group, I Received This In My Email. Send them a virtual gift, make a gesture, scribble on their whiteboard, or send them a private message.

Translate this Story

Experience Project > Experience Groups > Other > Received This In My Email > Stories > Someone's Idea to Fix the Economy In the Usa
Anonymous & Free
to join millions in the world's largest community of life experiences
Explore first-person stories about any experience, including your own! Connect anonymously with people who understand.
↓ ADVERTISEMENT ↓
Be YOURSELF

Be a part of the biggest social experience on the web. Where who you are is more important than who you know. Share what matters the most and find others who just "get it."

Join now and get started in seconds, or learn more about Experience Project

↓ ADVERTISEMENT ↓
Fun Personality Quizzes

Answer a few questions and find something out about yourself!

Of course, we love to hear Your Story, whatever it happens to be. You can be yourself here!

People Like You
This entry is from the Experience Group:

"I Received This In My Email"

↓ ADVERTISEMENT ↓