Someone explain how putting our country $800 billion in the hole will help us.

[GoldenBoy812]

i like what nader said about it:

5000 trillion dollars worth of stock are traded eveery year on the market TAX FREE, a .1% tax would generate somethin like 500 billion dollars a year.theres your stimulis package.

There is no way $5 quadrillion is traded every year, because there does not exist that total sum of wealth on the planet, let alone in equity markets. Which goes to show Nader is a moron. The US stock markets alone would be lucky to eclipse $50 trillion, and if you combine all forms of securities maybe, a big maybe, a grand total of $100 trillion. Of course, that does not assume $100 trillion in wealth, only that the same $10 trillion or so is traded 10 times per year on average.

The point of a stimulus package is to push aggregate demand towards full employment GDP, which in the US is around 4%. To do so, we are going to need an instant injection of 4% of total US GDP to have that possibility (assuming the multiplier is in fact 2).