How is $800.00 per family going to prop up our economy? It sounds totally ludicrous to me. Don't get me wrong, its not like I cant use $800.00 (who cant?) but how will my spending $800.00 rebated to me from the governement, whose financial condition is worse than mine, fix our economy?
Forget an $800.00 tax rebate; government deficits are HUGE.
Of COURSE the idea is that we need to SPEND our way out of our troubles. Only in America - where we SPEND money in order to save it! My wife just came into my office this morning to show me a shopping receipt: how much she SAVED by spending.
Something has to be done that has an enduring effect. I watch the market everyday and its obvious that investor confidence is being shaken. For me - the $800.00 plan undermines my confidence both in the government and the overall direction of our economy.
Obviously I don't have the answers - BUT I'M PRETTY GOOD AT ACCENTUATING THE PROBLEMS.
© Randy "Lazarus" McAtee