Idea To Fix The Economy
September 12, 2013 in Activism
I have an idea that should, in theory, fix our entire economy within a matter of years.
Here’s how it goes.
I call this the “Stimulus method”.
The government would issue every American citizen over the age of 18 years old who could prove that they are an American citizen with proper documentation, a stimulus check for $5,000.
Then, the people who receive this money, would be required by the government, to put that money back into the economy by investing it in businesses and corporations nation wide. Each person who received the stimulus checks, would then be required to keep receipts that would account for every bit of the $5,000 that was given to them, and at the end of the year, would be required to present the receipts to a local government office located within their area/zip code/County.
As for the businesses that would be listed on the receipts, there would be a blanket requirement that would be broken into 3 parts. For the businesses that received the most from the stimulus money from each American citizen, they would be required to pay the government a blanket amount of 25% of their earnings for the year that were based upon the amounts that were listed on the receipts that each American was required to show to account for how they spent their $5,000. For the companies that received an average mid range amount that was based upon the money accounted for on the receipts presented by those who received the stimulus, those companies would be mandated to pay 15% of the money that they took in for the year that was based upon the amount of money accounted for on the receipts. For the businesses/companies that received the lowest range for their yearly earnings based upon the amount accounted for that was presented on the receipts collected by each American who received the stimulus, those businesses and companies would be required to pay 10% of their yearly earnings back to the government at the end of the year.
This would be a win win situation for everyone in America. It feeds the greed of the United States government, because they would rake in billions of surplus dollars per year based upon the percentages payed out from the companies where the American citizens spent their stimulus. It also feeds the greed of the businesses and companies who would also rake in billions of surplus dollars for the year based also upon the stimulus money payed to them by each American citizen who spent it at their location, and it also helps every single American citizen who received the stimulus money to swim instead of tread water with their bills, and yearly living expenses.
All American citizens who could not account for all of the $5,000 given to them would be required by the government to pay back what they were not able to present when the time came to turn in their receipts. So if receipts were lost, and not accounted for, whatever amount was not presented must be payed back out of pocket by each American citizen who could not account for the receipts not presented. This means extra money for the government as well in those cases.
Everyone in this situation would come out on top, with a surplus of money for everyone. If we practiced this strategy for a certain amount of years, we should, in theory, be able to pay off our national debt, and come out the other side clean.