NationStates Jolt Archive


Stimulate the Economy

New Limacon
30-01-2008, 02:05
The economic stimulus package (that still sounds dirty when I say it) has been accepted by the House.
Link (http://news.bbc.co.uk/2/hi/americas/7216662.stm)
From what it sounds like, this will stimulate the economy, although not necessarily in the way or to the extent that everyone would like. Now, NSGers are all bright folk, so I'm curious to see what they think. Assuming you had $146 billion and no opposition in the government, how would you stimulate the US economy?
Marrakech II
30-01-2008, 02:09
The economic stimulus package (that still sounds dirty when I say it) has been accepted by the House.
Link (http://news.bbc.co.uk/2/hi/americas/7216662.stm)
From what it sounds like, this will stimulate the economy, although not necessarily in the way or to the extent that everyone would like. Now, NSGers are all bright folk, so I'm curious to see what they think. Assuming you had $146 billion and no opposition in the government, how would you stimulate the US economy?

I would have to think about that one for a bit but maybe some "New Deal" as in WPA type projects. However $146 b wouldn't be enough for what I could imagine.
Kryozerkia
30-01-2008, 02:20
So... how does the economy like being stimulated? Vibrator or...? :)
New Limacon
30-01-2008, 02:28
So... how does the economy like being stimulated? Vibrator or...? :)
What we really need is an economy that is lonely. That way, it will stimulate itself.
Kryozerkia
30-01-2008, 02:33
What we really need is an economy that is lonely. That way, it will stimulate itself.

Manually, using the tools God gave ya or with a little... help? ;)
The South Islands
30-01-2008, 02:36
*walks into thread*

What we really need is an economy that is lonely. That way, it will stimulate itself.


*walks out of thread*
Knights of Liberty
30-01-2008, 02:48
What we really need is an economy that is lonely. That way, it will stimulate itself.



The best part is that that wasnt from LG.
Call to power
30-01-2008, 02:55
If the money was given to me I would buy lots of things. if I was buying lots of things America would make lots of money on my spending and i would have a pet dinosaur :)

now does anyone have the address of congress?
Fall of Empire
30-01-2008, 03:56
The economic stimulus package (that still sounds dirty when I say it) has been accepted by the House.
Link (http://news.bbc.co.uk/2/hi/americas/7216662.stm)
From what it sounds like, this will stimulate the economy, although not necessarily in the way or to the extent that everyone would like. Now, NSGers are all bright folk, so I'm curious to see what they think. Assuming you had $146 billion and no opposition in the government, how would you stimulate the US economy?

I'd redistribute it with the majority going to the poor and less going to the rich. That way everyone has some money to buy that new car and stimulate the economy
Soviestan
30-01-2008, 03:59
I would spend the entire $146 billion on the creation of a NHS so that the US could finally have universal healthcare. This of course is not enough money to run it effectively, but it's a start. If people didn't have to pay for insurance or worse pay for medical care directly, they would have more money to go and spend. Which in turn would stimulate the economy.
Liuzzo
30-01-2008, 04:00
The economic stimulus package (that still sounds dirty when I say it) has been accepted by the House.
Link (http://news.bbc.co.uk/2/hi/americas/7216662.stm)
From what it sounds like, this will stimulate the economy, although not necessarily in the way or to the extent that everyone would like. Now, NSGers are all bright folk, so I'm curious to see what they think. Assuming you had $146 billion and no opposition in the government, how would you stimulate the US economy?

My ideas would be in favor of work programs. Put people to work contributing to their community and making it a better place for business and families. In doing so they'll be trained for job skills as well as paid for their duties. These people who were otherwise unemployed or underemployed will gain from this program and have money to spend on food, clothing, gas, living arrangements, etc. People who spend most are the middle and working classes.
Trotskylvania
30-01-2008, 04:05
What we really need is an economy that is lonely. That way, it will stimulate itself.

I prefer a vigorous, hands on approach to my economic policy. Need to get down there, and really use the elbow grease to stimulate the economy. It always works better when someone else is doing the stimulation.
Lunatic Goofballs
30-01-2008, 04:08
I prefer a vigorous, hands on approach to my economic policy. Need to get down there, and really use the elbow grease to stimulate the economy. It always works better when someone else is doing the stimulation.

The more you put into it, the more you get out of it. :)
Lunatic Goofballs
30-01-2008, 04:12
This economic stimulus package is just an attempt to give a hand-out to political allies using the recession as a smoke-screen. That $146 billion doesn't just come out of nowhere, you know.

I can think of worse things to blow money they don't have on. Like Iraq.
Venndee
30-01-2008, 04:14
This economic stimulus package is just an attempt to give a hand-out to political allies using the recession as a smoke-screen. That $146 billion doesn't just come out of nowhere, you know.
Soviestan
30-01-2008, 04:19
I can think of worse things to blow money they don't have on. Like Iraq.

Thats a great use of tax money. We are giving them so much freedom they should rename the place freedomistan. They didn't have political freedom under Saddam. Now they have so much of it they form their own political freedom militias everywhere. With all the billions we're spending were only like a week away before everyone will be playing baseball and eating apple pie. :)
Trotskylvania
30-01-2008, 04:33
The more you put into it, the more you get out of it. :)

In Soviet Russia, the economy stimulates you!
The South Islands
30-01-2008, 04:57
Only NSG can make an economic thread NSFW.

*sigh*
Posi
30-01-2008, 05:21
Only NSG can make an economic thread NSFW.

*sigh*Don't worry, we'll just have /b/ shop some clothing onto everyone and make it look like she is eating a hotdog or something.
HotRodia
30-01-2008, 05:24
Only NSG can make an economic thread NSFW.

*sigh*

Not so. I've been on several forums that managed to do that sort of thing.

And economics threads are generally very dry anyway. They could use some moistening.
Fleckenstein
30-01-2008, 05:30
In Soviet Russia, the economy stimulates you!

Ew. :D
Posi
30-01-2008, 05:34
In Soviet Russia, the economy stimulates you!We just may have this one backwards...
Trotskylvania
30-01-2008, 06:12
Ew. :D

But I thought they liked it rough their. :D
Glorious Freedonia
30-01-2008, 21:27
I think that we would be better off with 146,000,000 less debt. I would shut down the borrowing of 146 billion of new debt.
Llewdor
30-01-2008, 21:29
Assuming you had $146 billion and no opposition in the government, how would you stimulate the US economy?
I'd pay off $146 billion of debt, thus reducing future costs.

Alternately, I reduce tariffs to encourage trade.
Dyakovo
30-01-2008, 21:34
The best part is that that wasnt from LG.

Yeah, LG must be slipping ;)
Intangelon
30-01-2008, 21:46
I think that we would be better off with 146,000,000 less debt. I would shut down the borrowing of 146 billion of new debt.

Shh! What are you thinking? You can't bring logic into this discussion!

Besides, the last time BushCo sent me a check (and by the way, the letter they sent to let you know the check was coming wasn't cheap -- why not bundle the letter in with the check?), I spent it in Victoria, BC -- Canada. I think this time I'll pay down some of my own debt with it, since my government refuses to pay it's own down ($26k per newborn baby and climbing).
Myrmidonisia
30-01-2008, 21:54
The economic stimulus package (that still sounds dirty when I say it) has been accepted by the House.
Link (http://news.bbc.co.uk/2/hi/americas/7216662.stm)
From what it sounds like, this will stimulate the economy, although not necessarily in the way or to the extent that everyone would like. Now, NSGers are all bright folk, so I'm curious to see what they think. Assuming you had $146 billion and no opposition in the government, how would you stimulate the US economy?
How arrogant of our politicians to think that a mere $150 billion will make any difference in an economy of $14 trillion.

Then there's the problem with where the money comes from. The government can tax, borrow, or inflate the currency it needs for the stimulus. Inevitably, there is a party left unstimulated through these means. It's kind of like taking a bucket of water from the deep end of the pool to fill the shallow end. Notice that the shallow end never gets any deeper.

No, the government should focus on long term incentives to growth. The first of these should be to ensure that the 2003 tax cuts do not expire or change in 2010. That simple act will add $76 billion annually to the GDP, create 709,000 jobs and add $200 billion to personal income.

http://www.heritage.org/Research/Taxes/wm1361.cfm
Mad hatters in jeans
30-01-2008, 22:56
I have a mad idea (now that i look at it several ideas) as to how the US can be rid of it's debts, well not totally but it would help.
Plan 1.
Make fake copies of all types of artwork made in the US (yes all of it) then sell them off to other countries, while keeping the real ones, then, frame someone else (the dodgy person you sold the false artwork to) for copying some of it, then they have to serve a jail sentance and the US economy is helped.
Okay plan 2 if that doesn't work.
Offer a cash prize of $1 million to the person who can offer the best idea on how to make up the money, (this is really just a ruse to scare the country into not spending so much money on crap). Then if someone wins say they framed someone else and (pick someone who is worth giving the money too e.g. a charity) thus the government looks good, makes a little profit, gains some public sympathy, and attention for the scandalous person who could possibly frame such an honest and nice person.
Okay plan 3 if that doesn't work.
Make better financial deals with China and Russia by offering them some land somewhere (some outpost) which would improve public relations, in exchange for money. That and then try to incite a war between China and Burma, with increased public image you're seen as the nice guys, so you tell them to quit it by offering nuclear weapons to Burma (which happen to be fake or of little effect range).
Plan 4 if those don't work.
Reduce sallaries of all those corporations and tell them to take a hike or they are deported, thus more money for people in your country, thus the economy will be helped, and there would be no corporate powers influencing government decisions.
Plan 5 if those don't work.
Move out of Iraq really quick, make treaties with the surrounding nations (which forces all of them to offer some troops to help govern it in exchange they get some of Iraq's income), thus public image looks better, and less spending is required on the military.
Plan 6 if all else fails.
Lower taxes for high income earners on the promise that they give a flat fee of monetary incentive (which in comparison to past tax rates is really really cheap) to live in your country per year, then after 2 years hit them hard with taxes and make it near impossible for them to leave and bleed them dry and give the money to the lower classes in a revolution of the..sorry anyway take their money then go back to basics.
By the way i have not thought out any of these mad plans, so i don't mind if you slag me off because these are insane ideas, yet sometimes the insane ideas work.
Good luck with your money and all the rest.:)
Lunatic Goofballs
30-01-2008, 23:38
Yeah, LG must be slipping ;)

I just got here late. :p
Kryozerkia
31-01-2008, 01:35
I just got here late. :p

Nah, you're losing your touch. :p
Dyakovo
31-01-2008, 05:19
Nah, you're losing your touch. :p

And apparently he's rubbing off on people, the perv
Trotskylvania
31-01-2008, 06:58
And apparently he's rubbing off on people, the perv

He's been too busy stimulating the economy
tell me about it
Glorious Freedonia
31-01-2008, 23:17
Shh! What are you thinking? You can't bring logic into this discussion!

Besides, the last time BushCo sent me a check (and by the way, the letter they sent to let you know the check was coming wasn't cheap -- why not bundle the letter in with the check?), I spent it in Victoria, BC -- Canada. I think this time I'll pay down some of my own debt with it, since my government refuses to pay it's own down ($26k per newborn baby and climbing).

Yep, this is a silly thing for the govt to do. At the risk of sounding a bit like Uncle Rico from Napoleon Dynamite, You call early January a major downturn in the stock market? Back in '82, the market dropped 24% in one day." Ok, I admit that I like that character in that movie too much and I am Uncle Rico centric in my outlook on life, but when the market tanked in the early 80s our Uncle Sam did not give people checks in the mail to encourage them to buy stuff (although you gotta hand it to 'em for being pretty Keynesian).

Yeah this approach is straight outta Keynes but the silly thing is that Uncle Sam pays out money to boost the economy even when everything is going swimmingly. I think that this is because of the shift of welfare from the old school idea of giving people money so they spend it to help the economy to give poor people money because we feel sorry for their po' asses. This sentementality is unbecoming and not very down wit da Keynesianism logic, but hey the only thing worse than knowing how da sausage gets made is knowing how da policies get made.

I too will use the money to pay off debts. If I do not get my sweet ride paid off by da time I get those checks then I will use it to prepay my investment club dues or make a prepayment on one of my mortgages. I am not sure how this is going to help the economy but it will help me clean up my personal balance sheet a little bit.