The coming financial crisis

[ice grillin you]

thats a good thing for you and anyone else that it can make a difference to

i have no debt and i have enough savings...so i will give it to someone who needs it a lot more than me

[Diomedes]

in that case, consider making your 600 donation to me...I need it a lot more than you..I'll use it to pay off my wife's smallest college loan so we have one less bill each month

[ice grillin you]

thats right you sold out to the system and got married...which means you are getting a 1200 household check...spend it wisely


anyway ill definitely consider it

[PoopyfaceMcGee]

IGY: Donate it to John Edwards' campaign!


But seriously, what the hell is this anyway?  To the people that really need it, it's a slap in the face and not enough, and too many people that don't need it are getting something back.

I guess I might nab $100 or so, and I'll do my American duty by blowing it on alcohol or drugs, the legal kind.

[ice grillin you]

But seriously, what the hell is this anyway?  To the people that really need it, it's a slap in the face and not enough, and too many people that don't need it are getting something back.

on the surface i agree....but like i said above its not for the people its for the economy...i mean its not a secret its in the name..."economic stimulus" rebate...tho if it works and imporves the economy thats what will really help people

that said id still like to see it changed and maybe have under $50,000 get 1200 and 50 to 75 get 300 or something along those lines

[rjs246]

It would nice if someone could come up with a way to stimulate the economy without also encouraging debt (interest rate drops) or actually costing the government billions of dollars (tax refund).

[Cerevant]

It is an economic stimulus because most people who get big tax refunds think they just won the lottery, and go spend it on something stupid.  With the lowered interest rates, the government is hoping you spend it on something stupid like a car, so they can get more "bang" (ie: debt) for your buck.

[ice grillin you]

With the lowered interest rates, the government is hoping you spend it on something stupid like a car

faint hope...people spend this kind of rebate on non durbale goods like utlilites clothing food gas ect...bush gave a similar rebate in 2000 i think and thats what the spending was on...they are ignorant if they think 300-600 bucks is going to help people purchase a car

[Cerevant]

Couples are getting $1000-$2000.  No, that isn't going to buy a car outright, but it would be a nice down payment on a lease.  Or maybe they'll just drop the cash on a fancy new flat screen TV.  They could really stimulate the economy if they planned tax refunds to arrive just before the super bowl.

[ice grillin you]

the most a couple can get is 1200 (plus 300 for each seedling)


my boy sun gonna be cakin OFF!!

[Rome]

$1,500 would just about pay for my Eagles season tickets.

Get it done, Chimp.

[PoopyfaceMcGee]

the most a couple can get is 1200 (plus 300 for each seedling)


my boy sun gonna be cakin OFF!!

Wow, damn straight he is.

[Cerevant]

Couples Families are getting $1000-$2000.  No, that isn't going to buy a car outright, but it would be a nice down payment on a lease.  Or maybe they'll just drop the cash on a fancy new flat screen TV.  They could really stimulate the economy if they planned tax refunds to arrive just before the super bowl.

Fixed

[Geowhizzer]

Help me get the facts straight:

This is merely a "rebate" on this years' taxes - so any tax refund next year is going to be that much less or the tax bill is going to be that much more, right?

If I remember right, the last "rebate" ended up screwing us pretty good come the next spring...

[SunMo]

bills be gettin paid