Our Economic Stimulus Program

Monday, December 8, 2008

The Australian Approach to the Big Bailout

Hello,

I've noticed that the Australian approach to resolving the financial meltdown is a little different from the Amreican version. The Australians are giving money to families with chidren. How much? About US$500 per child, with the admonishment that they should spend the money to jump-start the economy. Interesting, can you imagine the US government just giving money away to the taxpayers? . . . . I can't.

That's not all the folks DownUnder are doing - but if you're interested, take a look here http://www.dailyreckoning.com.au/bailout-plan-3214/2008/09/26/ - it make an interesting read.

Best wishes for a healthy economy and an even healthier new blog,

Craig Hesser
Jimmy Craig Websites
http://jimmycraig.info/

1 comment:

Cindy Bolley said...

Sounds like a GREAT plan to me and it makes much more sense than what has been done.