Why is so much federal money first given to the states to give to local governments?
Is this to create another layer of government employment? Or is it done in order for local politics to better influence how that money is spent?
Public Comments
- I think it has more to do with the fact states dole out money to local governments anyway.
- you should always spend your money on things that you are buying.that is my questions.
- It is called political pay back. If the money was given to businesses or individuals it would be seen as a quid pro quo or bribe. To give it to controlling party in a state, the media would spin this as wisdom. But even to the simplest person it is a bribe. It is a bribe to unions and to party members who encouraged overspending. It would be far better given that this Congress and this administration has decided to spend money it does not have, to loan each citizen 18 YO or older, a fix term (once in a life time) loan of 60,000 - 80,000 (say at 8.25% for 15 years). Individuals would choose to spend this loan on many object [unsecured debt repayment would/should be priority one.] The loan would be collected by the IRS and the government would get something back once the markets cleared. To pay for cost of these funds --- perhaps a tax on unsecured debt could be applied to both repay the float and to encourage individual savings.
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