Posted on November 25, 2008. Filed under: poverty and government | Tags: bailout, barack obama, check, economic, economy, grant, HOUSING, new, plan, poor, poverty, president - elect, program, recession, stimulus, transition |
this is a letter to President elect obama. If you agree, please write to him or send a message at his new website, change.gov :
Mr obama et al,
it’s simple but would kill 2 huge birds with one stone, yea turkeys.
ok:
it’s in a word: Trickle-up.
pretty obvious. Stop bailing out those big companies and banks directly. Start bailing all of America out, from the bottom up. You have got extreme increases is poverty and deep poverty coming on right now.
Create big stimulus grants to the most impoverished for things like cars, housing, and just plain increasing the lowest tiers of entitlement benefits. These poor have not been buying because they can’t, and cannot hardly even survive.
SSI, Social Security (lowest incomes), welfare, and unemployment (lowest tier), etc. And just plain poor people, including the working poor who are getting old fast, tired and doing without. People without other incomes and assets.
So you would be killing those 2 huge birds with the one stone: grants and benefit increases for those already suffering a great deal from poverty right now or soon, and the TRICKLE- UP effect when they buy the consumer goods or use a down payment to get into an FHA foreclosed home (another idea) or whatever.
This concept is going to increase in popularity but right now it is my brainchild and I have coined the term Trickle-up. It is obviously a counteraction to turn back the tide of greed and favoritism of the rich and affluent.
Mr. Obama, don’t forget that many many people voted for you , to end that very favoritism that forgets the poor, and makes their lives miserable and unlivable.
You would receive nothing but praise if you did something like this (without any puppet strings attached to the recipients of the grants anyway). Sheerly to do good to them, and by doing so, benefit the whole economy and country.
Thank you, and God bless you all to do this to the fullest extent of His will.
–d
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