Who agrees that what we need to REALLY stimulate the economy are 5,000 dollar or more Econ. Stimulus checks?

Question

Who agrees that what we need to REALLY stimulate the economy are 5,000 dollar or more Econ. Stimulus checks?

Answer 1

That would be great, however it would also put our governemtn in such a hole that the stimulated economy wouldn't matter anymore anyway.

Answer 2

I don't

artificially stimulating it is never better than the real economy working through it

Answer 3

It's not a long-term stimulus - you'd get a quick bump in consumption, or provide some welcome relief for those in debt, but it still would remain a one-time event. True economic growth is a process of increasing wealth and revenue, and so cannot be a one-time event.

Answer 4

I don't believe the govt. can afford $5,000 for hundreds of millions of people.  Besides wouldn't that just weaken the dollar even further?

Answer 5

I believe that the only real way to solve our economic problems lies with the people running the economy. Government officials who are greedy and refuse to take a pay cut make all the other areas fall, big companies are cutting people in an effort to cut costs, but their pay remains the same...they cut corners in an effort to keep thier pay the same, causing layoffs and people tightening their pocketbooks even more. I guess they believe if they just hang tight it will blow over...

Answer 6

You have to remember most people used those checks to pay bills because they are behind because of the lousy economy.