Quote:
Originally Posted by IllTestYourGirls
Broken window fallacy.
To "put money in the hands of people" means you have to "take money out of the hands of people" either via taxation and inflation. You have created nothing and destroyed everyone's wealth via inflation which hurts the middle class the poor the most.
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I don't mean just hand them money. I mean put money into their hands by helping them get a job where they earn it. Sure, that still means that money has to come from somewhere and that somewhere is likely taxes so in essence you are taking money from one person and giving it to someone else, but it seems to me you could cut spending in some areas that we don't need and use that money to help put people to work. For example, we are scheduled to give Pakistan $800 million dollars in aid by the end of the year. Instead of giving them that money why not use that money to put people to work or send them back to school where they can learn a trade that will help them get a better job? The money is already in the coffers, we can choose to spend it more wisely by reinvesting it.
There is no easy answer to fixing the problems this country has. I was just giving a few examples of how a stimulus could be used to put people to work as opposed to just putting money into the economy that doesn't seem to do anything but sit in vaults.