Some of you will begin seeing your economic stimulus checks in your bank accounts beginning today. So what are you going to do with the money? You're supposed to stimulate the economy by spending the money at retailers like Gottschalks, Target and Wal-Mart, but many may be using the extra money to pay for gasoline, which is now at $4 a gallon. What an irony. Oil companies are sucking up consumer dollars, and retailers are bearing the brunt of that change in our spending, and now money intended to be spent on other things also will go to the oil companies. Heckuva job with the economy, Mr. President. Of course, he did come from a Texas oil family.
The IRS reports that rebate checks for everyone who filed their tax returns by April 15 will get to Americans by the middle of July.
I'm surprised that we're not seeing more advertisements from retailers going after the rebate money. Seems like an advertising pitch for a retailers could be something like this: "Spend $100 on these sale items and we'll match that with $100 in store credit." But I'm no ad guru and the smart folks at the ad agencies know better than I do.
Bush, meanwhile, has this to say about how to spend the checks: "The money is going to help Americans offset the high prices we're seeing at the gas pump, the grocery store, and also give our economy a boost to help us pull out of this economic slowdown."
So the checks now are to offset higher prices for gas and food? Wow. When he signed the stimulus bill in February, he said it was aimed at boosting overall consumer spending. Now it's to offset higher prices.
If the retailers gave incentive credits I would spend some there although I don't see how that would help the retailers. It would have to be somewhere I shop regularly because I won't go buy something I don't need to boost the economy. I too am sure most will go on buying gas.
they have to borrow the money from us in order to give us rebates? File this under, "how stupid do they think we are?
As is the case with Bush, the excuses abound and fluctuate as he attempts to explain the complexities of the world around him, which he does not comprehend.
Please, Wayne enlighten us... oh you of superior intelligence.You sound like a broken record.I think we can spend it on whatever we want so I will.Swifty is pretty close to the truth on this one.
Brian,
I could have just as easily substituted your name for Bush’s. Whatever you spend your money on, just remember the one thing you need the most is free: manners.
Wayne...I guess I made my point.You are not capable of much other than Bush/Brian bashing.Liberals lecturing about manners-What a hoot!