obamas job proposal

[Cannon Shell]

You seriously think that CEO's of major corporations don't spend money? You really think Wall Street execs live miserly lifestyles? Yeah ok.

Food stamps are spent on one thing, food which is already a hugely gov't sponsored business. No grocery stores are being opened up or expanded because of the influx of food stamps. No grocery stores are going out of business becasue of the lask of food stamps. Any money spent has some degree of stimulative effect but the effect of food stamps is very small.

Your idea that food stamps or payroll tax decreases cause all this stiulus spending is completely misguided. Food stamps are spend almost exclusively on food, an industry that is not expanding and is being paid in many cases not to expand. The minor amount of money each consumer receives from payroll tax decreases are generally used to pay off debt, pay utilities or rent. You can't say that people cant afford to eat and are broke then say they are going to be big consumers when given food stamps or a few dollars extra in their paychecks. Sustenance living isnot effective stimulus. Paying your utility bill is not great stimulus. Buying food is not great stimulus.

Yeah they all get hundreds of millions when they get canned. I'm sure that they all just sit around and surf the net in their offices in between secret 'screw the middle class' conferences because they have giant golden parachutes. Most also have a high standard of living, spending LOTS of money and few people can afford to live off their savings forever regardless of how much they have. Your theory that there is no incentive for CEO's to perform because they may get a nice compensation package if they are fired is naive at best, ridiclous at worst.

The idea that the common investor has been screwed is bluster, plain and simple.