The crises has come about because of defaulting mortgages… So if we are going to bail somebody out, why not bail out someone who just needs a little help on their mortgage? Maybe one or two months to catch up?Then the money trickles up the ladder through the economy.
What a novel idea! Maybe this one will catch on. No doubt the Bush administration will not find this a good idea, but the vast majority of the nation may see the merit.
Peace.
Join Email List
Posts
![[PDA - Pledge For Peace - Sign the Petition.]](http://pdamerica.org/images/ads/P4P_button.jpg)
3 comments:
What is not to love about supporting the economy from the bottom up?
Peace.
Thanks for the kind words.. This idea is catchy: I've been surprised at how well it resonates...
My most ringing endorsement, said "that makes more sense than all the bullshit I have ever heard.."
He was being serious, but I find that statement to be hilarious in its own right, especially to anyone who enjoys the nuances of the English language... lol
It really is not new.. it is just a repackaging of the prosperity we had before artificial tax cuts increased deficit spending...
kavips,
'
I was thinking more along the lines of "sounds better than all the Bu$hshit" we are hearing these days.
The trick is in the framing. Trickle up just rings well in the mind. One can see that working to the benefit of one and all. The masses are on the bottom where trickle down does not have the same feel.
And right you are, we have had prosperity in times of better conditions for the lower end of the scale. Maybe one day we can return to that state of affairs.
Peace.
Post a Comment