The latest congress move to repair our broken economy is an early release of Government Rebate Checks. For people who are due the money in 2009, they are issuing them now.
Combined with Income Tax Refunds, this will put billions of dollars back in Americans pockets which we hope they quickly spend and put back into the economy with increased spending.
Coupled with the Housing Loan government help for lenders and new tax breaks, this should be a quick fix.
But will they bounce? Do we have the extra money in Washington D.C to dump billions back? Economists don't know for sure.
Don't you think if lenders had been more careful this could have been avoided?
We need to create more jobs and keep jobs in the country if we are serious about helping the middle class. The middle class is taking the brunt like usual.
Government rebate checks to the rich, are not going to help many people.
Maybe they can buy another fancy car.
Friday, January 25, 2008
Government Rebate Checks to Fix the Economy?
Subscribe to:
Post Comments (Atom)
1 comment:
are the rich really going to get a fancy car on $1200? last I checked cheap cars were more than that.
Post a Comment