Better use $ 700 billion? OK, so maybe some of you have heard proposals for a new way to spend 700 billion dollars, and perhaps you've heard this one in particular, but is not it more logical? Use the 700 billion dollars that the government proposes to spend on busted lenders to repay all outstanding residential mortgages in the country (which is not mistaken if Im pans some cases rather close to 700 billion dollars ). If you repay the mortgage, then the money goes directly to donors to give again. In addition, you have a large number of Americans who have been affected by monthly payments that have now more money in their pockets. What will they do with this money? Spend. Economic stimulus and recovery of donors in a single step? As a side note, I do everything to support government plan that spends $ 700 billion, but it seems at least a little more sense than what they are trying to do now.
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