You want a real stimulus package? One that would spark a huge amount of investment, home-ownership, and spending? Sending individuals $600 is not going to stimulate the economy and the idiots in Congress know this, they are simply and cynically pretending that they are doing something for the people.
So, you want to really do something?
Forgive all outstanding federal student loan debt.
That’s right, I said it and Sallie Mae can kiss my ass:
Forgive all outstanding federal student loan debt and you would create a boom in the spending and investment abilities of millions of 20 and 30-somethings, allowing them to buy homes and to buy cars and to invest where there is absolutely no ability to do so right now because school loans hang over their head like the sword of fucking Damocles.
Cause you know what I’m going to do with my $600? I’m going to use it to pay off debt. You know what I would do if I didn’t have to pay $450/month in student loans? Buy a car. Do the math. Hell, forgiving half of those loans would make a huge impact and would, I dare-say, actually stimulate the economy rather than doing nothing, which is what our beloved politicians are in the process of doing. And yet, we allow them to feed us with smoke and mirrors time and time and time again. Doesn’t matter if it’s the Democrats or the Republicans, when it comes to doing nothing but looking like they are doing something, our Congress is chock-a-block full of talented illusionists.