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economy: "Rebates" to Stimulate The Economy? Right... Just Tighten The Vise.... - 01/18/08 11:26 PM
I read today that the President and Congress are considering a bigger, better, bolder, brighter redux of the strategy that kept our micro-mini recession in 2001 under control-- rebates!  The President's theory (and, of course, he's not thinking this stuff up on his own) is that by infusing cash into the economy now, especially cash that will get into the hands of our low and middle-income folks who are most likely to spend it right away and stimulate consumer spending, a prolonged recession can be avoided. 
It's likely true that rebates would make quick work of providing a boost to our sagging economy, but … (37 comments)

 
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