I agree with most of this. The cash for clunkers program saved our family business. Forty-one stores and over 10 thousand jobs. It looks like this year we might actually show a profit for the first time since 2006.
Putting some of the stimulus into a loan restructuring program for mortgages would have saved a lot of jobs, and let a lot of people keep their homes. On Tue, Apr 19, 2011 at 6:06 PM, Eric Roberts <[email protected]> wrote: > > I think a better use of the stimulus would have been to pay off the > mortgages. It would have prevented this foreclosure fiasco we are > experiencing...banks would have got their money and people would have been > able to spend money on other things which would have helped the economy. > Same with the GM bailout and cash for clunkers. Give people money to buy > new cars. They trade their old cars in for scrap...get new more fuel > efficient or even hybrid or electric cars...the auto industry would be > making money and have increased demand and then be able to hire more people, > who would be spending more money and increasing demand further ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336494 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
