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So how much is $145 billion ($145,000,000,000) well if you looked at taking away all the bonuses and put that money directly on the streets what could that do for the economy?
If you took that money and employed more people with an average salary of $30,000 (not the best salary but a lot of unemployed would take it)
$145,000,000,000/$30,000 = 4,833,333 (Nearly 5 Million Jobs!!)
What about investment into small businesses? How would that break up?
According to Wells Fargo the average small business loan in 2003 was $167,780.
$145,000,000,000/$167,780= 864,227 (Nearly 1 million that would hire employees)
This would be how you would trigger the recovery. This is where the innovation would come from. You can't just give money to banks when the people on the street have bad credit because of the collapse. They will never get a loan again. And if they do it will be at 18% interest which is an enslavement loan. They will never be able to pay it off. The reality is this is not a recovery. Just a temporary high from the drugs (stimulus)
If you took that money and employed more people with an average salary of $30,000 (not the best salary but a lot of unemployed would take it)
$145,000,000,000/$30,000 = 4,833,333 (Nearly 5 Million Jobs!!)
What about investment into small businesses? How would that break up?
According to Wells Fargo the average small business loan in 2003 was $167,780.
$145,000,000,000/$167,780= 864,227 (Nearly 1 million that would hire employees)
This would be how you would trigger the recovery. This is where the innovation would come from. You can't just give money to banks when the people on the street have bad credit because of the collapse. They will never get a loan again. And if they do it will be at 18% interest which is an enslavement loan. They will never be able to pay it off. The reality is this is not a recovery. Just a temporary high from the drugs (stimulus)
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