Here is a thought for a stimulus ... [View All]

[cosmicone]

A. Eliminate FICA deductions for individuals and companies for a year and instead, have the government contribute the money. This will improve disposable incomes by 7% for individuals and increase cash flow of employers. Both will result in increased spending and a lower default rate on debt. The government will get its money back by taking it out of the SS payments when the employee retires.

B. Give a bailout loan to each unemployed person in monthly installments via the SBA. Make this loan non-dischargeable in bankruptcy and after 1 year it will be paid off at treasury rates instead of commercial rates. The unemployed don't HAVE to take it but it will be there as a safety-net.

These measures will work faster than any infrastructure program in restoring consumer confidence and increasing spending and are a far better alternative to spend the money on wall street bonuses and pork.