Sabtu, 08 Maret 2008

Upcoming rebate checks

Well, it seems like there will definitely be some rebate checks coming to millions of Americans eventually. As an economic stimulus, much depends on how people use this money. I know that many people will be obligated to use it to pay down debt. That will probably have a small positive impact on the economy. I'm sure there are some fortunate Americans who don't really need anything and will just plunk the money into savings or investment, again possibly a small positive impact gained. The major impact of this money will come from spending it. The politicians are hoping that most of us will do just that. What they, so far, have forgotten to tell us, is that WHAT we spend it ON makes a big difference! I read today that the IRS is going to spend $42 million to send out a letter telling us we are getting these checks. I would rather they send a letter telling us TO PLEASE USE THE MONEY TO BUY AMERICAN!!!!! That is how OUR economy would benefit. There are still a lot of ways to spend money HERE. Take the family out to eat a few times or go on a weekend get-a-way. Buy a dog or a new kitchen table. Paint the house or reshingle the roof. Donate the money to the local food pantry; they'll know how to spend it! Just, PLEASE, don't spend it at Walmart! It's supposed to help OUR economy, NOT China's!!

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