$819 Billion dollars... WTF happened to the last 700?

Today, the House passed $819 Billion stimulus bill put forth by President Obama. Am I the only one wondering what happened to the last $700 Billion? Did it all go to the banks who made shifty and questionable loans? Or did some of it go to the biggest and baddest automakers who spent a fortune on the 3rd or 4th vacation homes of CEOs? Or did some end up in the trash somewhere? How did it help the American citizens?

Now the government is going to inject another $819 Billion dollars into the economy. I'd like to suggest something. Instead of trying to regulate who gets it and how those lucky few spend it, how about we try this on for size? You ready? Drum roll please...

We divide it per tax payer, and let us spend it on food/rent/utilities. Let those who are facing homelessness due to prolonged unemployment keep that roof over their head; and let those who are already homelessness-ed sleep in-doors tonight and get something warm to eat. This will give those in need room to breath and hopefully get back on their feet, and when they do, they'll spend some money and inject some wealth into American companies.

How is this different than the tax stimulus plan last year, you say? They've already done it, you say? No one is certain that it did much, you say? Well let me explain how it will be different:

According to the Census Bureau, the U.S. population today is 305,704,003. Let's assume each family is made up of 8 people: Mommy, Daddy, little John, little Nancy and the 4 Grandparents on both side. In this economy, both Mommy & Daddy have to work to put food on the table. Let's assume 2 of the Grandparents are dead, 1 is retired, and 1 is still toiling away (I know this is very very rough, but just bare with me for the sake of argument*). This leaves 3/8 of the entire population working, looking at today's unemployment rate, I'm sure it's less than that.

Anyways, 3/8 * 305,704,003 = 114639001.125 Let's assume that 1.125 person decided to suicide themselves, so we end up with 114639000 people. 819*10^9 (to the number blind, that's 819 billion with 9 zeros) divided by 114639000 = 7144.16

Is this math right? I mean, can this be? Each tax payer can gain more than 7,000 dollars? This number will go even higher when they exclude the Richers, who according to Obama makes more than 250k annually per household. I know I used very rough estimate, but I bet this 7k is not that far from the real deal if they were to divide it up. That, my friends, is a lot of money! I bet all of us can use that money, maybe on stopping your house from being foreclosed on, or buying a house, or a car that you really need.

But of course instead of doing the simplest thing, the government will think of something more convoluted and complicated. I mean that is what we pay them for, isn't it? To save us after the few in power run us to the ground.


*Note: Even if we assume 1 out of 2 people work in this country and pay taxes, each tax payer would get $5358.12.

-> 819*10^9 / ( 1/2 * 305,704,003 )

But we all know that less than 50% of the people in this country work.