Let me see? Um!
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Comments: 71
I may have heard incorrect information.
$13 a week would actually really help us.
Anyway... any extra money goes to pay off our debt... and extra $52 extra a month is not too shabby if you ask me. Once we are debt free (other then our mortgage) we are putting our house on the market to buy a bigger one! Hopefully it sells but if not at least we live in a great neighborhood! I was planning on being debt free around September but maybe that extra $50 a month will make us debt free by August instead! Then we can save all of our money until the next spring!
Personnaly I think all the spending is a waste but if they are handing it out I'm taking it! I would think all of the budget friendly gatherers would be happy about a few extra $s!
Most of us are looking at the big picture.... read Alex in Wonderland's comment.
Also... this bill spends nearly a TRILLION dollars to generate spending? Really? It's no secret that big ticket items (housing, cars, etc) are the "quick fix" to getting the economy moving. With an additional $13 in their pockets, how many folks are going to rush out and buy those?
I'll assume that you and I are in similar boats... No debt other than mortgage, good jobs with "security", a healthy savings and investing plan, frugal-minded, living within our means.... blah, blah, blah. But let's agree that we are the exception and not the rule!
This bill is about more that just you and me. It's about lifting our economy.
Oh and for those big ticket items there are tax breaks that are larger for the families that can afford them... if a family can't afford a new house at the salary they have anyway... should they really be buying one... and getting approved for loans? And for those families that can not afford the big ticket items... $13 extra a week puts that much more food in the grocery cart. So you see I am looking at the big picture... some will invest that money for the big ticket items and some will use that money to stay a float for a little bit longer... either way it is still and extra $40-$50!
That would just give politicians a free pass to spend more! If you have extra money to donate, use it for your local community! A few gallons of paint for a community center or extra dog food for the SPCA would go a lot further! Our communities need to change in order for our country to change!
I'm concerned that the huge debt credit (and the "just print more" attitude) is going to cause hyper-inflation! That means $50 won't even get us to meeting our current needs let alone hopes of getting further!
There's a trade-off... and we're on the losing end!
God Bless!
I'm copying and pasting from websites after I googled it, so we could get more information.
(This sounds good for the small business owner, eh? )
Please. Can't we think more dimensionally than this? Are we all that incredibly sluggish-minded? Of course the stimulus isn't just $13 a week.
To begin with, the $13 a week times 300 million people is a hell of a lot of money to put back into the pockets of all Americans. And it does go to all Americans, not just the richest 1% like previously (you know, the 1% who run the big financial firms that screwed up the economy so badly and used taxpayer money to fund vacations and bonuses for its CEOs). Furthermore, the relatively small average individual amount each paycheck is purposely designed to stimulate people to spend it - after all, this is a STIMULUS package, remember. Single lump sum rebates are more likely to be put away someplace - perhaps in your mattress given the confidence we have in the management of banks these days - and saved. Saving it would make us feel like we have a little extra, but does nothing to stimulate the economy. This is a stimulus package, remember, not a rebate coupon at the local supermarket.
Secondly, this is only 4 billion dollars out of near 800 billion dollars. The rest goes to all those projects that people debated ad nauseum, remember. It goes to direct spending by the government to stimulate the economy and provide jobs. It goes to providing funds to the states so they don't lay off people and put them on underfunded unemployment programs. It goes to providing incentives for companies to invest in energy and jobs in the future. It goes to fund the financial sector so that companies - probably yours - that need lines of credit to pay their workers can continue to get lines of credit to pay their workers - perhaps even you.
This whole massive spending is supposed to be a stimulus, remember. For the country. Remember?
Carping on $13 shows a lack of being informed and a lack of dimensional thinking. Remember what that is? Perhaps it needs a stimulus.
So why is only 1/3 of a Stimuluis bill actually for stimulating the economy? Why not 3/3 of it? I guess that would be expecting too much...
$13.00??? Can you actually get anything for 13.00?
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I would be embarrassed to offer this to the American people... It is peanuts... I wonder how big a raise these politicians will give themselves...This is how much they think of us or do they think that we are all idiots?? I bet they are sitting back, eating steaks, drinking good wine and laughing their heads off at us....
Seeing as how Derric's laid off right now, it doesn't help him much.
So, we won't be spending it, cause we won't get it.
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