So they're saying they're going to start mailing the checks Monday, which is earlier than announced to help citizens cope with rising gas prices and help stimulate the economy... So is it really going to stimulate the economy and is it really going to help you cope with the gas prices?? Because I know I'm spending my rebate on freaking bills and maybe my upper fairing, depending on how much my check is... I don't think that's stimulating the economy too much... And it's definately not helping me cope with gas prices...
well...depends on what type of economicst you talk to.
to help us out of a depression, we paid people basically to dig a hole and then fill it back up. thus, this caused jobs .. these jobs required people to buy stuff (shoes/food/clothes) thus started to stimulate the economony. Keynesian Economics (John Maynard Keynes). this worked, yet.. now we have more money in the system, were it drops the value of the dollar. thus, we have less purchacing power.
if people save the moeny and or don't buy goods and services, then it does not really stimulate the economy. paying credit cards and debuts actually is not too bad as it shrinks the money supply (real money and the money not phyically you can hold but created by loans from banks and credit cards).
anyways, don't save the money you get but spend it on STUFF. that will help the econony yet, with Bushes last rebate he gave out, we saved it and did not do any good for the economy.
what would help would be to limit the troups in the war on terror and spend the trillions on the US citizens (health care/education/up keep) fukk! i can go on... but not.
anyways.. sorry check out
http://3trillion.org see how much $3trillion can buy.
