Economic Stimulus
I hope there isn't a thread on this topic all ready.
To stir and start the debate on the issue I ask first is economic stimulus necessary to boost the economy away from recession?
What do you find as the main problem for the downturn in the economy?
Would giving people a check to spend help and if so how could that help?
Would a tax cut help and if so for whom or on what?
I think all of the problems in the economy is based on the cost of energy and the only way to fix the problem is to fix our energy problem. Don't send a check, remove all federal tax from gas pumps for three to six months and end ethanol subsidies.
I say end ethanol subsidies because outside of gas the largest inflation is in the food area directly related to the diversion of corn to make fuel.
Open federal lands to natural gas exploration to reduce the price of natural gas. If natural gas price was cut in half electricity and heating costs would follow. Likewise it would be more profitable for businesses if natural gas was equal to the price in Mexico or Canada. Plentiful natural gas would be a deflating factor equal to a pay raise for every American in my opinion.
"The man who reads nothing at all is better educated than the man who reads nothing but newspapers."
---Thomas Jefferson (or as Al Sharpton calls him: Grandpappy)