Wednesday, February 13, 2008
Mo Money, Mo Stimulus?
Some days I really appreciate President Bush. I don't agree with him on everything, but like a rich uncle I don't really know or see eye-to-eye with on much, I still like the money he's sending my way. Like when he signs a bill to give me, and pretty much everyone I know, around $600 come May.
Yes, folks, that could mean you, too.
It's a measure to help stimulate the economy and get us out of this supposed recession we're in. But will it? Forty-five percent of people in an AP Ipsos poll said they planned to pay off bills, while 32 percent said they would save or invest it. Only 19 percent said they would spend their rebates.
I'll admit, I'm probably not going to go shopping with it, either...though I know some kids who will. So maybe, even if people are saying they'll do something responsible with it like paying down debt or saving, they may in reality end up trekking over to the nearest Nordstrom's.