"We think it's fleeting" said Michelle Meyer, economist with Lehman Brothers... "Faced with high prices of food, fuel, and decreasing home values, consumers "will ultimately pull back once the rebate has been spent," she said.

Gosh, that really sounds effective.

Heffaloo: Gosh, that really sounds effective.

It's effective to get a Republican elected.

/here's some cash, go McCain!

I've got news for you retard.

Giving people free money ALWAYS increases disposable income.

The point of this money WASN'T TO HAVE PEOPLE SAVE IT.

PEOPLE SAVING MONEY != PEOPLE NOT SPENDING MONEY.

PEOPLE NO SPENDING MONEY = PEOPLE NOT BUY STUFF

PEOPLE NOT BUYING STUFF = PEOPLE GET LAID OFF

jesus farking tranny balls you trolls are stupid today.

This one was too obvious, 7/10 because I'm feeling generous.

Some of you would make great catfish.

Just think, we still have 4 more fun-filled months of this stuff ahead of us, and some change.

/Chaaaaaaaaaaaaaaaaaaaange

Lord of Allusions: Some of you would make great catfish.

I don't care, I feel like being outraged today.

Now, off to punch fat people.

Two Dogs Farking: Just think, we still have 4 more fun-filled months of this stuff ahead of us, and some change.

/Chaaaaaaaaaaaaaaaaaaaange

4 and a half months until the ELECTION, and then 2 and a half months after THAT.

It's gonna be a long summer.

Your Troll is weak, old man.......

Everyone is using their "stimulus" money to buy gas. So what they REALLY did was give his oil buddies $600 cash for each taxpayer in the US, because just writing out a check to the oil bigs would draw too much attention.

slobarnuts: jesus farking tranny balls

That's my favorite band.

Just wait until next April, if you think it's so good now.

Somebody has to pay for this.

You lieberal liebtards think you're so hot, but guess what, you're not!

End the war and cut taxes. Everyone wins.

dj4aces: Just wait until next April, if you think it's so good now.

Somebody has to pay for this.

Not to mention, this BS stimulus is as much the Dems fault as the Reps. And Obama wants ANOTHER round of these inflation causing rebate checks. I am voting for him but that is just BS. By the way, subby is a troll. Is that you danl?

EvelFarknievel: Everyone is using their "stimulus" money to buy gas...

I also got a new demo monitor with a dead pixel, so hats off to the Chinese!

4/10 stimulus checks

Is "Bush" Nancy Pelosi's nickname?

Wow. The government redistributing wealth actually works?

Great Republican platform. If the Republicans promise to take all the money from the rich and give it to the poor, I may just again vote for that broken POS party that once freed the slaves and set aside millions upon millions of acres of parkland.

/Republican. Entitled.

slobarnuts: Giving people free money ALWAYS increases disposable income.

So... socialism is good?

Super. Just more of America for China to own.

The_Gallant_Gallstone: slobarnuts: Giving people free money ALWAYS increases disposable income.

So... socialism is good?

Yes, but that's not the reason.

Sabyen91: dj4aces: Just wait until next April, if you think it's so good now.

Somebody has to pay for this.

Not to mention, this BS stimulus is as much the Dems fault as the Reps. And Obama wants ANOTHER round of these inflation causing rebate checks. I am voting for him but that is just BS. By the way, subby is a troll. Is that you danl?

I have heard nothing of Obama wanting to do rebate checks. Where'd you see that?

Gosling: Sabyen91: dj4aces: Just wait until next April, if you think it's so good now.

Somebody has to pay for this.

Not to mention, this BS stimulus is as much the Dems fault as the Reps. And Obama wants ANOTHER round of these inflation causing rebate checks. I am voting for him but that is just BS. By the way, subby is a troll. Is that you danl?

I have heard nothing of Obama wanting to do rebate checks. Where'd you see that?

I believe it was a CNN update on the radio. I will look it up.

Bush's next big idea: Let's just print more money!

"Hero" my ass.

Here it is. It is apparently a 2-3 week old story.

Link

Sabyen91: dj4aces: Just wait until next April, if you think it's so good now.

Somebody has to pay for this.

Not to mention, this BS stimulus is as much the Dems fault as the Reps. And Obama wants ANOTHER round of these inflation causing rebate checks. I am voting for him but that is just BS. By the way, subby is a troll. Is that you danl?

Uh, we did this in 2002 also, didn't we? And the checks had George W. Bush's name on them. I remember.

Here is a mainstream media story on it. I think it is foolish.

Link

dangelder: Sabyen91: dj4aces: Just wait until next April, if you think it's so good now.

Somebody has to pay for this.

Not to mention, this BS stimulus is as much the Dems fault as the Reps. And Obama wants ANOTHER round of these inflation causing rebate checks. I am voting for him but that is just BS. By the way, subby is a troll. Is that you danl?

Uh, we did this in 2002 also, didn't we? And the checks had George W. Bush's name on them. I remember.


It didn't work then either...

The stimulus package was a least some measure of trickle-up economics as opposed to trickel-down. That said, all it did was devalue the dollar more, causing oil to go higher, farking up our economy, blah blah blah.

So according to this statistic, the average American has roughly $10,000 worth of disposable income... considering that the average American household income is around $46,300 I'm gonna go ahead and call bullshait on this one.

*Swims in pool of supposed cash*

I get to use my check to send back for quarterly taxes. Weeee.....

Lots of bad economic policies have nice effects in the short-term. This bad economic policy is no exception.

Subby is a tard, as is anybody that thinks the stimulus is "good". Dumbest farking thing imaginable.

Plenty of people think the stimulus is/was good. I have no problems with the government giving me back some of the money I've paid it in taxes.

It is unfortunate that not everyone who paid taxes gets a check, and that some people who paid no taxes did. But that was the compromise that had to be made in order to get the thing passed.

I took my $600 and a midmonth paycheck, and opened a new account at a credit union. I honestly think the economy's going to hit a massive bottom in 2009 sometime, and I want to be ready to invest in America...the suckers.

DeltaXi65: Plenty of people think the stimulus is/was good. I have no problems with the government giving me back some of the money I've paid it in taxes.

It is unfortunate that not everyone who paid taxes gets a check, and that some people who paid no taxes did. But that was the compromise that had to be made in order to get the thing passed.

The point is that a check to me is a good thing for me but at this moment in time it is NOT good for the economy. The corps are not investing the money they receive in new capital. They are not hiring new people. They are socking it away. What this means is the economy is not growing and that extra money introduced into the economy is doing nothing but causing inflation.

I don't think subby got the memo about the government asking for all this "stimulus" money back around April of next year.

That people would save all of their stimulus rebate is a well know phenomenon in Economics. It is called Ricardian Equivalence (new window)

It's not a stimulus check, it's a welfare check. From those of us that paid (or will pay) for it, you're welcome.

/didn't get jack.

Sabyen91

It's not extra money. It's just a tax rebate. It's no different in inflationary terms than a tax refund check is.

Whatever effect it has on the economy is likely to be marginal, but I am a firm believer that the American taxpayer can spend his own money better than the government can. And that includes blowing it on hookers and beer.

China is communist. Get that through your fat fat heads and stop investing there dammit. And stop spending your stimulus checks on Chinese products too.

dangelder:
Uh, we did this in 2002 also, didn't we? And the checks had George W. Bush's name on them. I remember.

If memory serves, that was an advance on each tax refund, and more time-shifting of money than anything else.

This most recent $150+B bit was not an advance, but merely additional debt that still needs to be paid back. Assuming that people's taxes will not be adjusted regressively, it's a shift from higher-income taxpayers to lower-income earners (but not the lowest earners, because there was a minimum income level to collect anything at all).

Maybe I'm confused, but I don't understand how the gov't can be giving the people money back while spending a zillion dollars a day in Iraq...typical conservative BS - they love to spend on defense - they just don't want to pay for it.

DeltaXi65: Sabyen91

It's not extra money. It's just a tax rebate. It's no different in inflationary terms than a tax refund check is.

Whatever effect it has on the economy is likely to be marginal, but I am a firm believer that the American taxpayer can spend his own money better than the government can. And that includes blowing it on hookers and beer.

Nope, not at all. It is extra money. If they hadn't passed the package it was not yours, it was the gov'ts.

jerry2a: Maybe I'm confused, but I don't understand how the gov't can be giving the people money back while spending a zillion dollars a day in Iraq...typical conservative BS - they love to spend on defense - they just don't want to pay for it.

It is called pawning debt onto our grandchildren. Rebuplicans are good at it. Not even Countrywide would give them a loan with their credit rating.

Thank you Democratic Congress!!!

Not really...the 'stimulus' was just a bipartisan circle-jerk in an election year.

Money is free (for you). Your kids and grandkids will pay for it.

Yes, Obama is a dick for wanting another rebate. At the very least they should limit it to people below a certain (not too high) income.

Sabyen91

That's where we have a significant difference in fundamental philosophy. I consider it mine and yours (assuming you pay taxes), not the governments. And I think you'd do a better job spending it than government can.