As I mentioned. I am told that the math is screwed up. But refine the numbers to what ever degree you want, it is better to send the money to the people, rather than the corporations that have screwed it up so bad.
“Refine the numbers” ?? They are off by a factor of a THOUSAND.
$85B divided by 200M is $425 DOLLARS, not $425,000.
So this is barely a THIRD of what the stimulus bill paid out to people, and wasn’t that a huge success ?
The government handing out money to individuals is just stupidity in action. It is welfare, pure and simple and accomplished NOTHING.
Government applying focused money to the right pressure points in an industry can actually affect the entire economy. Keeping AIG operating is much more important to the entire economy than welfare handouts to people.