Thursday, February 19, 2009

A Stimulus Plan for All of Us

I took about a week's break from griping about the government's Porkulus plan, but, now that it's been passed, it's time to look at some alternative ideas so that we'll have something to do when it fails.

Others have been doing this as well, and one of the best ideas comes from "rebel economist" Michelle Muccio, whose idea of a far more effective stimulus plan is to let people keep their payroll tax for a year:

If the video won't load, or you don't have time to watch it right now, she explains her premise in the "more info" sidebar:
Politicians are going to spend $800 billion dollars which they claim will stimulate the economy. For the same amount of money we could eliminate the payroll tax for the rest of the year, giving the average worker thousands of dollars back in their pocket. Instead of more government spending, why not just let the American people spend their own money?
Can I hear an amen? And the people she interviews heartily agree.

I think this is a great idea, though I'm sure that Congress would disagree, since it doesn't do anything to increase their own power or reelection chances, which seems to be what so many of them are all about today. Watch a PJTV interview with Muccio here, and throw in your opinion on the idea in the comments below.

Still going postal: My update to yesterday's post is really no update at all; no mail was in my box tonight, and the promised call from someone at USPS never came. This is really getting rather aggravating.

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