The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > General Topics > Open Discussion Forum

Reply
 
Thread Tools Display Modes
Old 17 February 2009, 01:04 AM   #1
305GMTIIc
Member
 
Join Date: Oct 2008
Location: SFlorida
Posts: 107
Economic Stimulus Idea: would be great for Rolex

Idea: If they say the economy further worsens by the lack of credit and most of all consumer spending than the solution is obvious!

During the New Deal Roosevelt's Brain Trust came close to proposing that Pensioners, and working folks would get a government allowance each month 5 times the amount of Social Security. BUT, they had to spend it ALL in 30 days time or they would suffer penalties etc.

The idea was to get the economy rolling and cycle the money back into the system to avoid the current problem. You know the one where they give Billions to industry and trust they will hire or spend? Even the most generous industry captain etc, is going to hold back now. However, if you gave the money to consumers who had to spend it (say a debit card) in 30 days ALL of our businesses/ bosses would be doing great.

Many of you would and could go to an AD tomorrow and start spending!!!
305GMTIIc is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

OCWatches

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.