I really don't understand how all of the "great economic minds" haven't figured out that stimulus checks do not work to "stimulate the economy". Apparently economics are rocket science and I just didn't realize it...
I claim Single and 0 on my taxes and they take out about 15% of my check for taxes. If they would cut my tax rate by about 2-3% and put an extra $50 in my pocket every pay period -- I would spend every dime of it. However, in this economy if you send me a check for $600-1200, I'm more likely to put it in a savings account for the happen chance that I will lose my job or need it for a major purpose like tires or if an appliance dies or something...I'm not going to go blow that money on a big screen TV or a Wii...
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