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January 12, 2009 at 6:00 pm

The 63000 Bailout

If the Federal Government had given every household in the United States $63,000, would we still be in a recession?  If we take the 7.2 trillion dollars (7,200,000,000,000) spent on the bailout and divide it among the 114 million US households, each household gets $63,000.

The trickle-down approach is not working.  Would a trickle-up approach work?  I can think of 63,000 reasons we should try it.

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