The hookerbot and coffee industry should be thriving!

The err in their ways are that they think the people of this country will go through the money like these guys would.

I bought some extra food, and a few boxes of .45FMJ's that were on sale at wally world for the range. Does that count?

pwhp_67: Stimulus Czech...

/I was waiting to see how long until someone would get it,....

Jument: Sybarite: A nation of people deeply in debt didn't go blow their check on new TVs and iPods? Isn't that odd.

Honestly, yes it is odd. This is a nation of idiots.

Perhaps it did some good towards our debt crisis. I split the difference, half went to the ol' visa, and the other half went to frivolity.

ScubaDude1960: If you take $100 and build a table that you can sell for $700, you have created $600 in new wealth, which adds to the economy. There is no new wealth generated with the stimulus check... it's just money that's already been earned (and confiscated by the government), or money that's being borrowed and must be paid back in the future, being redistributed. The economic effect is zeronegative.

/ftfy

I bought a new roof. Did my part.

/4 kids helps boost the amount
/mine's bigger than yours

I'm buying me sum hatz and sum fly new shoos, aight.



These shoes and hatz are mines

I just spent my damn stimulus check on the first month's rent for our new apartment. Yay for moving house and TWC can't xfer the service until farking Tuesday.

/fark pet fees
//it's just a farking cat
///fark time warner, too

I used the money to take a Vacation to Italy. So basically my stimulus check went to Air France,The Vatican, and a lot of wine and pizza.

I put mine into my traveling fund. The fine people of Laos, Cambodia, Vietnam and Thailand will enjoy your tax dollars.

Mimic_Octopus: multiply it by 100 and you might have a useful amount of money. the range of this figure may have worked a few decades ago.

And where do you suppose we get that $18 TRILLION?!

akuma976: Most Americans used thier check to buy a plasma TV from a Japanese supplier.

Except that most electronic products carry a markup of 100% or more over cost, so yes, American companies ARE getting stimulated. There're a lot of reasons the checks wont work. Yours just doesn't happen to be one of them. I suggest taking an econ class beyond high school.

fenrael23: Sulfus: fenrael23: Stimulus Check = Pissing on a forest fire.

At least it's not pissing on an electrical fire.

Don't whiz on the electric fence!

Licking one hurts too. Just in case you were curious.

ottawaboy: They could have spent it on light rail and regional rail lines in every decently sized city across America... thousands of KM.... that would have created jobs and helped reduce gasoline consumption (save money)

...with $18 Billion? I LOL'd.

I bought car insurance. Boring.

GoldSpider: And where do you suppose we get that $18 TRILLION?!

Isn't that around the GDP?

So it would just be communism.

Sybarite: A nation of people deeply in debt didn't go blow their check on new TVs and iPods? Isn't that odd.

I got mine like yesterday. Give me time, I'll spend it eventually. Probably over the course of a couple months, on food and rent.

I swear I'm due a paycheck at some point, too, maybe at that point I'll buy a book or a hat or something more superfluous. Not sure how that's supposed to help, but whatever.

If/when my check comes in, I'm eating here. I'll call to make reservations first. I want to be able to sit at the counter to watch them cook my waffles...

InmanRoshi: I put mine into my traveling fund. The fine people hookers of Laos, Cambodia, Vietnam and Thailand will enjoy your tax dollars.

FTFY

Didn't get a check.

Bought gold anyway, and marked it up as my own effort to help the economy... once it finally gives up the ghost.

Then had a huge amount of vet bills... so ended up stimulating the economy like I had gotten a check anyway.

jj325: The Federal Reserve's preferred measure of inflation, which excludes food and fuel costs, slowed in April, today's Commerce report showed. The gauge rose 0.1 percent, compared with a 0.2 percent increase the previous month.

Yeah---let's not count fuel and food. I think the prices stayed pretty stable in April

My husband was explaining this to me when it came out. The "CORE INFLATION" numbers don't include food and fuel.

I was confused... what isn't CORE about eating and fueling things????

If it were me, and someone said CORE INFLATION, I would think they were talking about items needed to survive... like housing, food, fuel, etc. But nooooo, somehow, food isn't considered CORE.

So core inflation didn't go up. But that doesn't mean it doesn't cost you a whole hell of a lot more to survive this month than last.

"Households will spend about $90 billion more this year on gasoline if fuel prices remain at current levels, according to a forecast by economists at Credit Suisse Holdings in New York. That will consume about 80 percent of the more than $110 billion in rebate checks being sent."

^^^^^^^^
Thats the key stat right there. I'm using my rebate on credit card debt.

Lt. Cheese Weasel: People who didn't pay taxes will say this stimulus check is unfair because they didn't get one.

People who paid LOTS of taxes will say this stimulus check is unfair because THEY DIDN'T GET ONE EITHER.

ScubaDude1960: If you take $100 and build a table that you can sell for $700, you have created $600 in new wealth, which adds to the economy. There is no new wealth generated with the stimulus check... it's just money that's already been earned (and confiscated by the government), or money that's being borrowed and must be paid back in the future, being redistributed. The economic effect is zero.

What if I take 100$ and use it to buy enough plastic milk-crates that I'm prevented from the 700$ furniture cost I'd normally incur in the course of living in an apartment? Does reducing net consumption count as creating new wealth, or just incresing consumption?

//Not really being sarcastic, your standard seems somewhat arbitrary but I don't know what the official position of economists here is so I'm not particularly arguing.

GoldSpider: And where do you suppose we get that $18 TRILLION?!

Borrow it from China. It's not like we're ever gonna pay them back anyway.

Er "or just increasing production?"

This is why I be poor, I fails a le anglais.

Amusingly enough, my "economic stimulus" check is in my ING savings account (a Dutch company) and will be used in the next month or so for my trip to Europe.

If anything, it'll help stimulate the economies of England, France, Germany, and Switzerland.

/save people, save!
//that way the bank pays you, not the other way around

1000W 5.1 Channel Surround Sound System.... and a truck payment.

If we need some economic stimulus, why don't we just cash in some of that money all these other countries owe... Oh, right.

Well... ummm... We could just embrace the recession as a necessary part of a capitalistic economic cycle, and weather the storm, while simultaneously reducing spending and cutting programs we don't... Oh, right.

We could drop the welfare state bullsh... Oh, right

Maybe we could sell Florida and Ohio? Or Canada?

/They're not even a real country, anyway.
//M.A.C. FTW

Mine is going to be a stimulus Czech as well. I am spending mine in Germany and the Czech Republic when I am there in September.

jackrazz: Mine's going right back to Uncle Sam in the form of my quarterly taxes.

Owning your own practice sucks balls in the middle of a recession.

Yeah, the IRS, er, the Department of the Treasury wants thier cut even before you get yours.

/can't settle up at the end of the year

//have to pay up front whether you can afford it or not

///can't save back for a lean year, like this one has been

I make too much to get one, but my fiance is using hers in amsterdam

I bought a few shares of Halliburton and ConnocoPhillips stock.

Now I just have to wait five years.

priestrape:
Stimulus check = a tiny fraction of what the government took from me, and wasted, in the first place

We have a winner!

I'm sending it all to the Barack Obama campaign.

Just kidding. I'll send 'em $50.

I don't qualify. So I'd just like to say to my government on behalf of my children who will someday have to repay the money borrowed from China in order to make this useless stimulus rebate possible: "fark YOU. And may a thousand camels feast on your entrails you festering pieces of bile inducing masticated donkey rectums."

Hal Jalykakik: I'm buying me sum hatz and sum fly new shoos, aight.

These shoes and hatz are mines

You need to turn in your man card. You own more shoes than I do.

Arbiter: "fark YOU. And may a thousand camels feast on your entrails you festering pieces of bile inducing masticated donkey rectums."

My friend is getting married tomorrow. I'm going to work this in somehow.

I think they should give me 600 a month until I learn my lesson.

I'm going to use mines to remodel the ol' masterbatorium. Again, for America - F*CK YEAH!

wat wat? in the butt?

whcrow: My wife goes down to the mail box every day to "see if the Ice cream money check" has arrived.

She seems to think that it will amount to enough to buy a bit of icecream every day.

I like this idea.. but the roofer is getting mine. Damn you, leaky roof!

The reason being that America does not have a hard-money economy, it's a debt-based fiat currency economy. All the money in circulation in America has been borrowed and then re-lent. So borrowing more money ($168 billion for the stimulus package) and then re-lending it to Americans, as Bush is doing, only increases the debt load and debases the value of the currency outstanding (against a backdrop of stagnant wages and minuscule interest rates for savers).

If an American was planning to spend $40K this year on food, clothing, shelter, health and various other expenses and they were hoping to defray some of that cost thanks to Bush's stimulus check understand that by simply adding another $168 billion of debt (the cost of the stimulus package) on top of America's current multi-trillion debt load will continue the Bush-Paulson-Benanke trend of debasing the purchasing power of your money and, therefore, raise the price of goods and services by more than the $600 'gift' (without a commensurate rise in wages or increase in interest paid on savings).

It will be shown in time to have the opposite effect entirely as was supposedly "intended".

/what he said

Javelin22: The reason it hasn't done any good is because the people that will spend their return on things other than debt or put it in savings haven't gotten their check yet. All of the people who will go out and blow it on a TV or booze and cigs didn't do direct deposit (probably did the exorbitant HR Block Debit Card) so they haven't gotten and/or cashed their check yet. I'll say it again. If the govt wanted us to spend this money on durable goods, it should have been distributed as a debit card, not a check to cash or ACH.

1. Had to pay a little extra in taxes
2. That didn't require filling out the direct deposit info on submitted tax return -- thus we're getting a paper check
3. Last two digits of SSN is between 88 and 99 -- gets check after July 11
4. You assume too much

I don't know why the IRS can withdraw my tax liability for 2007 directly from my account, but not give me my stimulus return by direct deposit.

/last 2 digits is 64
//According to schedule, I should have received it by now
///Can anyone help me?

The most shocking of news.

You have to admit, this is an interesting idea...I don't think it's ever been done in history so it's obviously pretty innovative thinking. I don't know if it's really working or not though, some people haven't gotten their checks yet.

newton: The reason being that America does not have a hard-money economy, it's a debt-based fiat currency economy. All the money in circulation in America has been borrowed and then re-lent. So borrowing more money ($168 billion for the stimulus package) and then re-lending it to Americans, as Bush is doing, only increases the debt load and debases the value of the currency outstanding (against a backdrop of stagnant wages and minuscule interest rates for savers).

If an American was planning to spend $40K this year on food, clothing, shelter, health and various other expenses and they were hoping to defray some of that cost thanks to Bush's stimulus check understand that by simply adding another $168 billion of debt (the cost of the stimulus package) on top of America's current multi-trillion debt load will continue the Bush-Paulson-Benanke trend of debasing the purchasing power of your money and, therefore, raise the price of goods and services by more than the $600 'gift' (without a commensurate rise in wages or increase in interest paid on savings).

It will be shown in time to have the opposite effect entirely as was supposedly "intended".

I also saw that comming and completly agree. However you can't blame this one on Bush. The democrats control congress and congress puts bills into law.