rvd+sabu=greatness
Main Eventer
68 good trade references/ Former Classifieds MOD
Joined on: Jan 3, 2006 1:49:15 GMT -5
Posts: 2,157
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Post by rvd+sabu=greatness on Jan 29, 2008 12:38:08 GMT -5
instead of spending it, everyone should just save it that's not what the rebate is for...they want you to spend the money and put it back into the economy to regenerate it in order to prevent a recession. |
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Post by amxfiles on Jan 29, 2008 12:41:32 GMT -5
instead of spending it, everyone should just save it that's not what the rebate is for...they want you to spend the money and put it back into the economy to regenerate it in order to prevent a recession. Welcome to Jokeingtown. Oh, you're just passing through? |
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Post by Quanthor on Jan 29, 2008 12:47:04 GMT -5
Yeah this is just going to put us further in debt, which will drive down the American dollar, hurting the economy even more.
This looked at as a quick fix, but a lot of people can't even pay their bills right now and have debt of their own, so that money will not be stimulating economy.
It is estimated this will add to our deficit $100 to $120 billion, on top of a budget plan which the president is guaranteed to slash more programs costing us more money to make up the difference.
That isn't the worst of it, WE are still in a time of war not making sacrifices(with the exception of the soldiers and families of them)which cost our nation Billions of dollars every year, making this stimulus plan even more precarious.
This is really bad, I hope it doesn't pass, but many can't seem to look beyond getting a check in the mail.
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Post by Hulkamaniac on Jan 29, 2008 13:34:03 GMT -5
This is quite possibly the dumbest idea I've heard of in a long time and it's a blatant vote buying scheme for both parties. The fact of the matter is we're not in a recession or heading for one. The Fed Chairman has gone on the record as saying that. The growth of our economy is slowing, but not to the point of going backwards. (A recession is defined as two quarters of negative growth). So a recession it's not, but they're passing out checks just because it's an election year.
To make matters even stupider, the ammount of the checks is a joke. $600 is not life changing money for a single person and $1200 is not life changing money for a married couple. To pretend it is is preposterous. Factor in that we're going to run out and borrow the money from China or some place and it makes it even more ridiculous.
All that being said, if someone is gonna give me a $600 check I'll take it and bank it.
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Reasoning through Questioning
Main Eventer
Wise men speak because they have something to say; Fools because they have to say something. -Plato
Joined on: Oct 8, 2005 23:36:54 GMT -5
Posts: 3,598
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Post by Reasoning through Questioning on Jan 29, 2008 13:36:33 GMT -5
From all the experts I have watched. This will not help. It will not hurt either. I could give a sh*t less.
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Post by [chubs] phoenix fan. on Jan 29, 2008 13:40:32 GMT -5
great news. im only getting $300 some dollars back from my federal taxes and only $50 some from state, so I could definately use this $600 dollars.
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Post by bjd on Jan 29, 2008 13:41:55 GMT -5
I fully intend on spending every dollar of my tax return on baconators.
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Post by poisonandbfsfan on Jan 29, 2008 14:24:26 GMT -5
wait i made like 8 grand last year...does this make me non-eligible? I think the cut off is $3,000 or whatever the standard deduction is, $5,300. you will get 600 bucks back. as long as you paid your taxes |
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Post by Lennon on Jan 29, 2008 14:25:27 GMT -5
I've got some Credit card debt to pay off. So it'll probably go towards that...
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Post by poisonandbfsfan on Jan 29, 2008 14:28:12 GMT -5
wait, it says UP to 600. so, some people will get less?
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Post by hurricane on Jan 29, 2008 14:28:35 GMT -5
Woo, that'll be a couple of car payments.
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Post by hammerzeit on Jan 29, 2008 14:38:36 GMT -5
well, at the very least, those who get claimed as dependents by their parents still won't get crap, and thats 95% of the board
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Post by noname on Jan 29, 2008 14:42:18 GMT -5
Hey, I'm not complaining. The government just paid my rent for the month.
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Post by slappy on Jan 29, 2008 14:47:19 GMT -5
Too little, too late.
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Post by J12 on Jan 29, 2008 14:47:27 GMT -5
I was under the impression I was going to be getting $300, but $600 is even better.
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Post by Nick the Quick on Jan 29, 2008 15:34:01 GMT -5
When I first heard about this, my reaction was that this was actually going to make the situation WORSE. I will probably save mine and use it as part of loan payments when I graduate college, provided I even get one.
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Post by James Hetfield on Jan 29, 2008 15:37:47 GMT -5
Nice. Can't wait for that.
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Post by Hollywood Asia on Jan 29, 2008 15:48:37 GMT -5
This is def going to my credit card.
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Post by Blazer034 on Jan 29, 2008 15:58:18 GMT -5
I will either be paying off dept or putting this in my saving account.
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Deleted
Joined on: May 5, 2024 5:57:49 GMT -5
Posts: 0
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Post by Deleted on Jan 29, 2008 21:46:28 GMT -5
im just gonna spree with my crap come may
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![[chubs] phoenix fan. Avatar](http://i145.photobucket.com/albums/r225/wwefan10189/012.gif)
