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Junky
June 18th, 2009, 11:36 PM
Okay so the stimuli, bailout, about 1.9 trillion dollars, that's $ 1,900,000,000,000 if you didn't know. As of right now the current U.S. population is 306,704,717 i was doing some math and i found it a little interesting that if you could give each citizen of the United States, including children of any age, $6100 and still have almost 3 billion dollars left over, for those of you that are number people its: 2,910,1226,300. If you gave each citizen 6100 dollars i guarantee you millions of people would go and buy a car thereby saving the car industry. I was wondering your thoughts on this? :what:

zoom zoom
June 18th, 2009, 11:45 PM
well it would depend. for me yes i would buy a older car like a muscle car, but if you had a family to support you would be buying things to support your family, and it is the car industry's fault for not making the right type of cars people really need. so really it depends on the situation of the matter of the money spending.
and one more thing you must have a lot of time on your hand to figure that out. lol

Junky
June 19th, 2009, 12:21 AM
Actually its pretty easy math if you got a calculator, I'm bad at math to. But anyway if we are talking about a family of lets say 5, that's $30,500 to spend on a car, house payments, vacations, cruises, ie things that stimulate the economy. Even if it just gets dumped in a savings account with a 1.91% interested rate it will make $500 a year.

Sapphire
June 19th, 2009, 02:35 AM
I think our money is better off in other places than the car industry

redcar
June 19th, 2009, 04:37 AM
Okay so the stimuli, bailout, about 1.9 trillion dollars, that's $ 1,900,000,000,000 if you didn't know. As of right now the current U.S. population is 306,704,717 i was doing some math and i found it a little interesting that if you could give each citizen of the United States, including children of any age, $6100 and still have almost 3 billion dollars left over, for those of you that are number people its: 2,910,1226,300. If you gave each citizen 6100 dollars i guarantee you millions of people would go and buy a car thereby saving the car industry. I was wondering your thoughts on this? :what:
The reason that wouldnt work is because it would be an uncoordinated move. Give everyone money it wont go to the same place so wont have the effect its needed. On top of that people may even go on holidays with it, giving the money to another country altogether.

Mind forte
June 19th, 2009, 09:05 PM
That's not how the economy works. I'm no economist but the dollar value would drop even more because you gave out a massive amount of money, which the federal reserve just basically printed out. Now assuming even millions buy cars, it's not going to fix it. You have to gradually fix the economy, there is no quick fix, with quick fixes you get less products which will cost more because the value of the value of the dollar is lowered. The demand wouldn't be met anyway. Printing money and giving it out won't fix anything.

lamboman43
June 21st, 2009, 03:57 PM
Pssh I wouldn't buy a car. I'd buy a kick-ass laptop before the value of the dollar sank. $6100 isn't enough to buy a good car anyways. Sure you could buy an old used one, but then comes the now extra expensive maintenance. And seriously do you think I would let my sister or dad or mom have my money to buy their own car? No because i was given the money for myself. I know it's selfish but I always need to save up for college and other non-essential things.

Mind forte
June 22nd, 2009, 03:30 PM
Pssh I wouldn't buy a car. I'd buy a kick-ass laptop before the value of the dollar sank. $6100 isn't enough to buy a good car anyways. Sure you could buy an old used one, but then comes the now extra expensive maintenance. And seriously do you think I would let my sister or dad or mom have my money to buy their own car? No because i was given the money for myself. I know it's selfish but I always need to save up for college and other non-essential things.
Edit your post to be on topic please. This is about Junky's idea, not about how you would spend the money if you got it.

Sapphire
June 22nd, 2009, 05:10 PM
Edit your post to be on topic please. This is about Junky's idea, not about how you would spend the money if you got it.
9 days as a registered member and already backseat modding? My God.

He was on topic so leave him alone.

lamboman43
June 22nd, 2009, 05:15 PM
Edit your post to be on topic please. This is about Junky's idea, not about how you would spend the money if you got it.

Geez man settle down. until you are a real mod I am not editing my post.

Mind forte
June 22nd, 2009, 06:08 PM
9 days as a registered member and already backseat modding? My God.

He was on topic so leave him alone.

I was wondering your thoughts on this?
I was wondering your thoughts on this?
I was wondering your thoughts on this?
I was wondering your thoughts on this?
I was wondering your thoughts on this?
I was wondering your thoughts on this?
I was wondering your thoughts on this?

Hmm, I wonder what the OP was talking about. That ^ Is what the topic is about, not this:

Pssh I wouldn't buy a car. I'd buy a kick-ass laptop before the value of the dollar sank. $6100 isn't enough to buy a good car anyways. Sure you could buy an old used one, but then comes the now extra expensive maintenance. And seriously do you think I would let my sister or dad or mom have my money to buy their own car? No because i was given the money for myself. I know it's selfish but I always need to save up for college and other non-essential things.

Sapphire
June 22nd, 2009, 06:22 PM
He addressed the OP's point by illustrating that there is at least one American (himself) that wouldn't buy a car.

Why do you have problems making that connection?

Mind forte
June 22nd, 2009, 06:28 PM
He addressed the OP's point by illustrating that there is at least one American (himself) that wouldn't buy a car.

Why do you have problems making that connection?

Okay so the stimuli, bailout, about 1.9 trillion dollars, that's $ 1,900,000,000,000 if you didn't know. As of right now the current U.S. population is 306,704,717 i was doing some math and i found it a little interesting that if you could give each citizen of the United States, including children of any age, $6100 and still have almost 3 billion dollars left over, for those of you that are number people its: 2,910,1226,300. If you gave each citizen 6100 dollars i guarantee you millions of people would go and buy a car thereby saving the car industry. I was wondering your thoughts on this
Read the bold print. He never said everyone, I edited my first post on this topic because I misread what the OP said. Millions, not everyone. Love you to, babe :wub:

Sapphire
June 22nd, 2009, 06:32 PM
He never said everyone, I edited my first post on this topic because I misread what the OP said. Millions, not everyone.
That doesn't make his post off topic.

Mind forte
June 22nd, 2009, 06:38 PM
That doesn't make his post off topic.
You said

He addressed the OP's point by illustrating that there is at least one American (himself) that wouldn't buy a car.
I took that as you saying that you misread what the OP said, because he never said everyone, and if that's what lamboman43's point was then he misread the OP's original post anyway. I can see why you think it was on-topic but it was just him rambling on about things he would want to do with the money. I doubt that was his point in the first place, but he's going to agree with you that it was to save himself.

INFERNO
June 22nd, 2009, 06:39 PM
Okay so the stimuli, bailout, about 1.9 trillion dollars, that's $ 1,900,000,000,000 if you didn't know. As of right now the current U.S. population is 306,704,717 i was doing some math and i found it a little interesting that if you could give each citizen of the United States, including children of any age, $6100 and still have almost 3 billion dollars left over, for those of you that are number people its: 2,910,1226,300. If you gave each citizen 6100 dollars i guarantee you millions of people would go and buy a car thereby saving the car industry. I was wondering your thoughts on this? :what:

In reality, not everyone would go about and buy a car and some people may be underage to buy the car, so in other words, the money would go in all directions. However, assuming everyone for whatever reason chose to put their money to buying a car, they would still need money to support themselves, money for the insurance, gasoline or whatever other fuel, maintenance, possible down-payment, etc... .

But there is one problem with this idea, and that is that even if millions of people (everyone or not everyone but still millions) bought cars, the demand for cars has now dropped because people now have at least one car. So now the car industry can make cars but fewer will buy it and so, the car industry has now fallen back on its ass. It's not "dead" but just little demand for it. The alternate choice would be to increase exporting as if the industry slows down, then there is the issue of it getting less money, possible strikes and now it's really going down the shitter.

However, my above babble left out some important variables: car insurance, maintenance, fuel, etc... . If people are given the $6,100 and if they choose to go buy a car, if they don't have the money for the fuel or insurance, then they may be forced to return the car or take other drastic measures. That can leave them back on their ass.