14 Responses

1. Pinyo

   April 25th, 2008 at 10:14 am

   1

   Good deal! It seems like everything just got expensive overnight and I could definitely use the money.

2. Jacquelyn Hart-McCoy

   April 25th, 2008 at 10:33 am

   2

   Everyone I know is excited about spending it on new flat screens, computers or iphone’s. Shawn and I are putting it toward our kitchen upgrade.

3. author

   April 25th, 2008 at 12:17 pm

   3

   haha, I know. I’d say that the kitchen upgrade is money well spent!

4. J

   April 25th, 2008 at 12:30 pm

   4

   “I am skeptical that this will actually stimulate the economy the way the government thinks it will… I suspect that many responsible people will use it to pay off debts, get current on their mortgage, or save it in their emergency fund.”

   While your “suspicion” may be correct, you vastly overestimate the number of “responsible people” that are in this country.

   This money will stimulate the economy without a doubt. The questions are 1) will it be enough, and 2) should we being doing it this way?

5. author

   April 25th, 2008 at 6:35 pm

   5

   J, believe me, if you read the other posts that I’ve written about the stimulus plan, you’ll see my skepticism about the plan and if people will use the money responsibly. I think it will be enough if everyone puts it back into the economy, but I don’t think we should be doing it this way.

   I think that they should have made the bush tax cuts permanent and reduced more taxes such as gasoline tax and get the states on board to lower property taxes.

6. deschl

   April 26th, 2008 at 11:14 am

   6

   this will make us more in debt to china and japan, i hope everybody enjoys this money when their great grandchildren are living in poverty, what a legacy to leave, and hope china never calls it’s debts we all will be saluting a different flag. if your president had not diverted the war to iraq instead of afganistan we wouldnt be in this mess. he messed up a golden opportunity when the world was behind us and truly wanted a global coalition by going to iraq, thats what we get for electing a “c” student and ex cocaine user.

7. Eric

   April 26th, 2008 at 12:45 pm

   7

   It isn’t the physical money that will stimulate the economy - it will be the “good” feeling that consumers have because of the stimulus “bonus”. I expect many people have already “spent” their bonus - even before receiving it.

8. robert

   April 26th, 2008 at 1:55 pm

   8

   Evey one told me that this is just an advance on next years taxes better read the IRS website,THIS is not an advance according to them

9. author

   April 26th, 2008 at 6:40 pm

   9

   deschl,

   I’m not even going to get into what you just wrote, but just know that it’s our country, not Bush’s. Stop blaming everything on him and help the rest of America do something to keep our country a great country.

   Robert,

   it’s not an “advance”, meaning that you’ll have to pay it back in 2009. It’s a tax credit for 2008 that they are giving you in advance, rather than giving you the credit in 2009 when you file your taxes.

10. Brandy

    April 28th, 2008 at 12:37 pm

    10

    so if you had your refund put on the H&R block card is that considered direct deposit?

11. robert

    April 28th, 2008 at 12:59 pm

    11

    think you better read the irs web site do to you don;t know what is going on either or you just forgot how to read

12. Jacquelyn Hart-McCoy

    April 28th, 2008 at 1:47 pm

    12

    I also read it was a credit, however it would not affect how you file and how much you get back next year.

    Also, the girls around my office are all saying that are using the check for gas and groceries.

    I think they check is silly and won’t help at all, but hey, since I am getting it I might as well use it wisely, you know.

13. author

    April 28th, 2008 at 8:13 pm

    13

    yeah, well if people use it for paying down debt, it will stimulate the economy in the long run, because paying down debt means reducing the payments you make. The less payments you have, the more money you have to save and spend.

14. Rita Blackwell

    May 12th, 2008 at 8:39 am

    14

    I am so disappointed that not to many of you are even being grateful of the fact that we are getting a stimulas check. I will be using mine
    for gas and groceries. Quit dogging our president and we as people
    need to do what is right in the eyes of God and get this nation back
    to where it needs to be.