what would your stimulus package be?

repeal of Bush's tax cuts to the wealthy (above $200,000) and a 10% income tax reduction for everybody else.

National Jobs programs to include energy exploration. Sun, Wind, water.

a forced loan against my tax return for 2008.

Sid

:P

cutting the pentagon budget, and investing in green energy programs-- lots of green collar workers, and lots more money we are not spending on the military-industrial complex.

as my econ prof pointed out, you cannot be blowing up half your resources and NOT expect a recession.

for three months, say, so they kept a decent amount more? Put income limits on it. Deficits continue up, of course, but....

at least, that's what I tell myself.

Get out of Iraq, Afghanistan, NAFTA, CAFTA, WTO. Quit subsidizing Corporations, starting with Oil companies. Remove for-profit Health Ins. Enforce trade policies that will grow domestic industries.

Jobs programs, investing in infrastructure, green energy and education.

It is stupid for us to believe otherwise. We need a bold shift in our economic and trade policies.

to markets and consumers

By not just tax cuts, or rebates, but expanded benefits (including increased monthly payments) to social aid programs, like welfare, unemployment, and all Social Security programs.

(No further tax breaks on the upper 50%. No increased tax breaks for business that employs more than 50 people.)

Recreate FDR's works programs to replace our aging infrastructure, which provides good paying jobs, increases profits for business, and keeps that money from moving offshore.

Theres more, but I dont feel like going there right now.

I'd put the economic stimulus on creating jobs to make our nation green, giving priority hiring to those who have been out of work and who have lost their unemployment benefits. I'd also create jobs to fix our infrastructure. Money will go to working folks who really need it, and the program will help us all.

it should not go into effect until Jan. 20, 2009. Why bail out the repubs from the effects of their own economic policies? Let them stew in their own juices, unfortunately, the middle and lower classes will have to suffer in the intervening twelve months.

We would all stew with them.

Distribute it among the poor.

Problem solved.

I promise to spend it all over the next six months.

edit: that is only 1B/day - I really think I can do it! Trust me!

and use that money to stimulate the economy:

"Third, I propose a one-time, $1.5 billion profits tax on oil companies. $1 billion would fund an employment tax rebate for small businesses hiring new workers. $500 million would fund aid to homeless vets, bonuses for troops returning from combat and public service grants to fixed-income grandparents and retirees who help poor, ill and orphaned kids."

http://thehill.com/brent-budowsky/the-economic-crisis-2008-01-22.html

seems to me lots of the so-called credit crisis is the result of gross deregulation of financial institutions. seems to me it would be a good idea to strike a blow at one of the engines of our troubles. aside from that can any one ever recall an executive branch giving "tax rebates" one during their terms in office?, twice? did any one here get the first $300 bribe, er I mean refund and if so did you spend it frivolously? I spent mine on local property tax.

I was eligible but since my father had claimed me on his tax return the previous year, I was somehow "delayed", as they called it. They promised that I could get it the next year and assured me that this was part of the program.

So the next year comes along, I go looking for my money (for school books, I was a senior in college then) and lo and behold I was told "we're sorry, that's no longer available". Not satisfied with that answer, I worked my way up the food chain and was finally told that my check was on its way. As of 4:09PM, Jan 23 2008, that check has still not arrived.

to fill it back up. There are no quick fixes.

manufacturing has to be resurrected. Jobs have to stop being outsourced over seas. To start off with.

Just to start of course.

1. Add in Federal Jobs Programs on the scope of FDR's - these give good paying jobs to those who need them the most and give businesses plenty of work and profit.

2. Immediate withdrawal from Iraq, transfer of power to the Iraqi people

3. Reevaluation of Defense spending. Allocate savings to healthcare (see 4)

4. Massive overhaul of healthcare system - this may be as sweeping as a national health insurance plan or a plan similar to that of
Obama's plan, which eases the burden put on both the insured and employers.

5. Cut corporate subsidies and corporate welfare - if the people can't have it, then the companies shouldn't either. If they can't
make it in business without them, then they shouldn't be in business in the first place.

6. Energy Independence - throw money and lots of it at companies, universities, etc. that are working on technologies that will lessen
our dependence on foreign oil. Companies working on "Green" energy technologies should receive a larger amount.

7. Restructure trade agreements and stop the bleeding of jobs in this country.

8. Rebuild infrastructure (see 1) and focus on (re)creating a strong manufacturing base

9. Fair import/export tariffs - why are we importing goods from China and charging them next to nothing while we export to them and
get astronomical taxes and fees tacked onto it?

10. Reinstate PAYGO, Close special interest corporate loopholes

That's just to start

Donald Rumsfeld is giving the President his daily briefing. He concludes by saying: "Yesterday, three Brazilian soldiers were killed."

"OH NO!" the President exclaims. "That's terrible!"

His staff sits stunned at this display of emotion, nervously watching as the President sits, head in hands.

Finally, the President looks up and asks, "How many is a brazillion?"

:evilgrin:

However, if everyone spent their $800 at Olive Garden....

:D

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=105x7385273

:popcorn:

:rofl:

In the shorter term, fix our crumbling infrastructure.

Single payer health care to get that monkey off business' back.

What else would work?

It's not rocket science. They ship jobs that pay $25 an hour to China and replace them with minimum wage service industry jobs. The cost of living never goes down, so of course the economy will go to hell when people borrow too much money trying to feed their families, heat their homes, put gas in the car and receive treatment for any medical condition. Adding insult to injury is the crowing about job growth with no mention of the quality of the jobs.

sprinkling $100 bills and spreading good cheer. After all, if the rich and the corporations can have all those tax cuts, it's only fair that you get a share!

You can bet bush couldn't think of that.

health care, green jobs, etc.,

bring back the CCC/WPA. We are screwed anyway, by owing so much to China. We may as well put some money into fixing bridges, the power grid, etc.

The empire is dead, we just do not realize it.

At least seeing the ideas and looking at them from a plausibility standpoint.

...double the estate tax for estates over $5 mil. Complete overhaul of laws on trade, restrictions on offshoring, limits on predatory lending, usury, etc.

I guess what I mean to say is that short-term stimulus is meaningless (although if it is to be done, it should be aimed at lower and middle-class people as they are the only ones struggling) - we need massive structural reforms.

and get all the Mother F**ing DINO's out of office. I got yer stimulus package right here! (grabbing crotch and spitting ala Roseanne).