Tuesday, September 30, 2008

If it sounds to good to be true....

I knew I should have gotten my calculator out.

85 billion divided by 200 million is $425 not $425,000. And that is before taxes with the 30% tax. That would make it $297.50. That would do about as much good as Bush's stimulus plan.. I bet that guy is wishing he hadn't put his name on that but hey, I put it on my blog so what can I say.

I still like the sentiment. It does seem like there has to be a better plan but the question is, do we have the time? The 7 hundred and something points that the stock market dropped yesterday probably cost more in the long run than the bail out would have.