Friday, May 8, 2009

new bailout plan

It has been rumored that someone has come up with a new plan for the economy. The plan has been that everyone over the age of 50 would receive 1 million dollars and that they would have to buy an American car. This would stimulate the economy and help bailout the car companies. Do you think this is a good idea? Why or why not?

I do not think this is a good idea at all. I feel that this plan would send our country into possibly even worse situations. I know that people are not smart with their money and that they would simply waste it on things that they do not need. It would help stimulate the economy but it would also lower the spending decisions of the people over 50. This would lead to other problems in the future.

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