The Catholic Cricket

This is really well done:

The proposed stimulus package keeps growing and growing, and is now (if I recall correctly) over $900 billion.

$900,000,000,000, spent on what?  All sorts of weird things that won’t do diddly to stimulate the economy.  Well, here’s my own idea.  Since the government is going to go into debt by nearly another trillion dollars, they should just give it to the people.

According to the US POPClock Projection, there are currently 305,770,596 people in the US.  Giving each person $3000 would cost $917,311,788,000.  Mind you, that’s $3000 per person, so a family of four would get $12,000, while a family of 7 (mine) would get $21,000.

If that money is used responsibly (ha!), people would be able to get current with outstanding bills, and wipe out a significant amount of debt.  For example, I would pay off several medical bills, pay off the car, and wipe out most of my wife’s student loan.  My doctors and hospitals would have additional money, instead of receivables.  The loan holder for my car would have more money they could then turn around and loan out again.  My single credit card company would get a little bit of money which would help them as well.  Banks would get an influx of money as people (hopefully) wipe out unsecured debt.  For other people, they could catch up on mortgage payments, helping to stabilize the housing market.

On top of all of that, it would free up regular income that is currently going to feed these loans and outstanding bills.  I’d be able to spend money on other things, instead of paying for interest.  (I’d be smart about it, and much of it would go into savings so I can get a down-payment ready for the house we’re in now.)  I could buy some much-needed new shoes instead of dragging out the repayment of medical bills.  I could spend money on new things instead of still paying for things that were new a year ago.

Unemployed people would get an additional buffer to give them a little additional time to find a new job.

Sure, a bunch of people would be irresponsible with a sudden influx of money like that, but come on…would they really be doing worse than the heap of government pork currently in the bill?

Please pray for Amy Welborn and her family.  Her husband Michael Dubruiel passed away today.  They have a daughter and two sons.