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To stimulate the economy and to create jobs for Americans during the Great Depression. Bush could learn a few things from President Roosevelt, IMO.
In the long run, it failed. There was a second crash, that led to about a 40% unemployment number. This, when it was usual for only a one person working family. It was a good idea, perhaps, but led to harder times in the long run. Giving out money for nothing never works. This is why we have a SS problem today -- something I don't rely on, and never plan to collect and still retire at 55.
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