Tuesday, August 9, 2011

Give people the money they need? Daily Camera: Letters to the Editor

Laura Ott: Give people the money they need | Daily Camera: Letters to the Editor

All I can say when I read this is "Really?" But I am told that many people feel this way (I still hope it is really a "Modest Proposal"). I will admit that it would be more cost-effective for Washington to just give people money rather than expending money on "creating jobs" (NPR's Planet Money did a great podcast on this topic recently), which with few exceptions is more useful for politicians that want votes than it is in actually creating jobs, but I kinda doubt we have money for either of those...

Here 'tis:

Laura Ott: Give people the money they need

Plain and simple, why not give people in this country money to spend to get the economy back on its feet. And not just a measly couple hundred dollars either. If citizens were given a substantial amount of money, tax free, they would spend it and give life to businesses. And why not help small businesses too? Give them money to get going, spend their money with other businesses. There are too many that are closing or closed already. We should not be giving it to entities like banks and the auto dealers. If our government really wants to help this country get out of this mess they should put money where it will do the best good: In the hands of people who want to spend it.

Laura Ott
Lafayette

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