Give everyone in the United States 1 million dollars

I can't remember the guy's name, but I seen him on a news show back after Obama first signed the huge stimulus bill. He had an idea like this. It's Chris something -- the man whom Will Smith's character in The Pursuit of Happyness was based. He suggested that, instead of bailing out businesses and rewarding bad behavior, you instead give 1,000,000 to adults who meet a certain criteria: Must be a taxpayer; must be a citizen; must have held a job recently; non-felon (I think); 18 and over; only 1 person per household; and a few other criterion that an individual/family would have to meet for the money, which, for all intents and purposes, is a loan from the government (since they want to play the role of a bank and want our hard work to pose as collateral in some weird twist on economic sanity). I think the rough guesstimate was somewhere in the neighborhood of 20,000,000 people that would have ended up getting the money. Maybe my math is wrong, but that's still 20,000,000,000,000 dollars! That's still more debt than we're in now. Of course, you can see how it would have an immediate impact. The housing industry: cured. Automotive industry: cured. Small businesses: insane boost! Even health insurance would be much more easily cured. But it would still be more money than we're really able to have in circulation and be in debt. I admit that I don't know a whole lot about economics, but common sense suggests that it's a recipe for disaster and, moreover, an actual reason for government to go wild with tax hikes and control in the future. But I did agree fully with the idea of giving money to the actual people instead of businesses. Don't get me wrong, I'm not for the "nanny state" concept in any way, shape or form. But if you're "giving" all the money and entitlements and everything else away then, by all means, give it to the deserving. I think 100,000 and a far better housing foreclosure protection fund would have had the same effect and would have only cost a fraction (2.5 trillion or so) compared to the million. However, it makes total sense that they didn't go that route. After all, it's the government we're talking about. The government needs us to need them. I believe government is the fastest-growing thing in America these days. We pay for it, so we're essentially bailing them out. They, like the shoddy companies that should have went bankrupt, have no true incentive to change their bad behavior. Maybe I'm overly cynical, but I do not see even ONE thing from this government that suggests to me they want to help. Everything seems--once you get past the surface and stop drooling over Obama's deep, rich speaking tone and fit physique--a mere play for more power and more control and more government. They can at least do more to help small businesses instead of large businesses (which, ironically, progressive liberals claim to be against lol). I hear tell of Obama doing things for these small businesses but, to date, I don't know exactly what they are. Still waiting for things to get better on my end. This is the second year in a row that my family and I won't be celebrating the holidays like before because we simply can't afford it. When that's the idea of "cutting back" or the proverbial belt tightening, you know things are sdrawkcab ssa.

If everyone in the U.S. had 1 million dollars, no one would go to work anymore so businesses would have to shut down, stores would not get deliveries, transportation would come to a standstill and eventually we wouldn't be able to buy anything with all that money.

There is a reason that you are ranked fairly lowly in Politics, however I am sure it is a policy that could get just about anyone elected... I dread to think what your rating for 'economics' would be though...? Simply put, Govt can only spend revenue that it generates through some sort of tax - so ALL we would need is a way in which we can tax a million dollars out of everybody first, then we would be all clear to distribute a million dollars to everyone! If that sort of money actually existed (ie. a million spare dollars for every US citizen), the dollar would be worth peanuts.... How would he be impeached?? for what exactly?? by definition you can't impeach someone who has done nothing!! But as you say 'I don't understand...' and I think that sums it up You may not remember but Obama wasn't president when all those companies went bankrupt... I bet he's devestated that you're not happy with him..

That idea makes too much sense to give it any serious consideration! We could have saved billions if they would have done that--business would be thriving, some people would have invested it and retired to live on the interest from it, homes would have been paid off and the real estate industry and banks would be healthy. And that would be only about $300 million dollars, right? Instead we spent several hundred BILLION on useless bailouts. There is a revolution coming, Charblaize. It might be peaceful and it might not but we WILL take back our country!

I would love to be on the receiving end of $1 million as I'm sure everyone else would, but do you really understand what you're saying? In one breath you are criticizing the President for his handling of the economic situation and saying that he should give everyone a million dollars. That would cost the country well over $300 trillion!!!! I'm sure that there would be a great deal of spending on the part of the American people, but it would end us up in the same situation we are in today. The government has tried giving stimulus money and it hasn't had the desired effect so far. As far as the salary of the President...do you realize that there are college basketball and football coaches who make more than double or triple the salary of the US President? And let's not even get started on the salaries of big business leaders. A million dollars for everyone sounds great on the surface, but we'll be bankrupt before the first cent gets paid back into the system. So, in reality, that would be useless.

Gee... there would be problem if every citizen gets 1 million USD. The over giving of currency to the society would bring inflation problem. For example, it would cost about 5000 bucks to buy a humburger, or about 1000000 bucks to buy a computer, etc. Then people's money would have less value than now. I guess the president also consider the best for the people, and he has lots of economist giving suggestions to improve the situation. I don't have any partisanship issue here. So, I guess my opinion should be objective.

Going along with this train of thought, where, exactly would Obama get all the money to pay out to every single American? My guess is taxpayer money. If people started having their hard-earned money stripped away from them and distributed all over the place, they won't be able to afford to buy anything. Businesses would stop hiring people, and some of them would probably go out of business, leaving millions of workers without jobs. Tell me how that's good for the economy.

as far as for him to be impeached, I don't know. as for giving us the one million. yes I agree. for a family with kids should get at least one mil. and for those who are single with no family should receive half a mil. instead they gave billions of dollars to banks who just paid their CEO's to stay with them. which I think is BS, you are right about stimulating the economy. I know that I would have bought my family a nice house to live in, an extra vehicle so while the wife is working me and the kids can go do things. also could have put money away for their college expenses. sad how this country is worried about banks that do not help the people whats so ever. most of them banks won't give loans to people who need them, and not only that I could just imagine how much interest and Apr's are involved. sad times we are dealing with. America is one of the strongest and we are struggling more then most country's there are people who live here and don't have clean water going their way. there's a lot we don't realize. on Opera once I seen go to a state can't remember which one but some people didn't have fresh water or electricity. but instead we over seas trying to help people who can barely handle themselves. while supplies are going up for us.

You cant impeach him as he has done no criminal act and he is to smart to put his administration in that position. However you have the right idea you're just taking it to personal and you need stipulations on this idea. The idea will work, for $1 mill per person in the household\family with a maximum of $3 - $4 million per family paid out over x # of years (3-5) years. First in order to claim, anyone at a certain age such as 55 must retire. That will free up millions of jobs for youngerage people to move up, open new jobs, and so and so forth. Second a percantage of the $ must go back into the economy specifically targeting the home and American automobile sector...both that are in dire need of the right kind of assistance. Third a percantage is required to invest back into other aspects of the economy, stocks, bonds, college\learning investments for children of the household. Right now the IRS ensures proper taxes are collected\paid per household. For the given year and subsequent years of the "payout" the tax forms are modified to prove the above stipulations. That would fix the problems and put the $ in the hands of the American people instead of the buerocratic companies that ran them into the ground, while as the same time ensuring the $ is being invested back in the country again

have a us lottery tax free .. make it mandatory to contribute just one dollar out of your pay check .. as long as you have a ss # and have worked within a certain time period .. you are eligible to win the lottery .. so if we collect 100 million every week .. every week 2 people from each state get picked out of the lottery and win 1 million dollars each , tax free.. every week someone will win and your almost guaranteed to eventually be a winner .. we have been talking about this for the longest time , but dont know who or what we could do to get this plan in action.. or make it 4 people win 500,000 whatever