Think a billion dollars worth of cars

Our Dear Gov has sent General Motors ("What's good for General Motors is good for the USA!") some 18 billion dollars more or less. For the sake of argument, let us say the company receives $20,000 when it sells a car. One billion dollars has some 50,000 cars in it at this figure.

So what we've given GM is the equivalent of sales of almost a million cars.

Without the messy process of actually building those cars or buying the steel and the parts or paying people to assemble them. No engineering needed, no sales effort to be paid for, no marketing budget or administrative assistants or executives or meetings. No buildings, no accountants, no nothing.

Per Auto Blog the company sold under 4,000,000 cars in 2008. Guess we started off the 2009 sales season with a bang, huh? Especially since the 18 bil has no costs in it.

Oh. Now they "need" some more bil. That make sense.

Addendum (and another cookie)

The giant advantages (GA) of my voucher plan (VP) is that it puts money in the hands of people and said money can only be used for spending. Unspent vouchers are vouchers the Gov doesn't have to pay for. And the spending would be immediate.

Economic crisis? What economic crisis?

In Which I solve The Economic Melt Down & have a chocolate chip cookie

Oh dear. I fear that our new President has quickly gone astray. Damn. I hate it when that happens. A quick perusal of the economic stimulus bill leads to a sense of impending disaster.

And it's sooooo simple.

What will stimulate the economy is spending. To make people spend, give them vouchers. (Tax credits would work but vouchers are more tangible. ) If the Gov is hell bent on spending 900 billion dollars (gag), let's just voucher the hell out of everybody. Let's see, approximately 120 million households in US, right?

Detroit needs a hand? Send out 120 million vouchers good for $5000 off a new or used car. Maybe ten million get used and whoopie! the auto industry is revived!

Same thing for housing. My voucher is worth $10,000 on the purchase of a home. Go for it! The housing industry now rocks!

Put the money directly into the hands of the people if spending money is what you want. Sure, there will be counterfeit problems and accounting problems and plenty of problems.

But there will also be plenty of spending. Sure cure for economic woes.

This will never work. Too simple.