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Personally, though I could use the extra cash I'm not excited about stimulating the economy by putting the government further in debt. I mean seriously, if the government wants to stimulate my spending they can just stop stealing so much of my money and for instance, trying to give it to idiots that get in over their heads with bad loans (or just plain liars), or spending $300,000 for restrooms in Ohio. Nevertheless that looks like the road about to be taken.
The Democratic presidential candidates have been running around the country preaching about "two Americas," helping the poor, strengthening the middle class and complaining of the widening gap between the rich and poor.
Why then do they want to extend benefits to "even the wealthiest?" I thought they didn't need it...
At the SC debate last week Hillary said, "the president's proposed stimulus package is not adequate. It is too little too late and it doesn't give enough money to the people who are hardest hit by the increased costs in energy and everything else."
So what does the Senate want to do? Give rebates to the wealthy, lol.
you can't get a rebate without first giving some bate .
This stimulus package is election year pandering at it's worse. But since they have decided to play Robin Hood with my money again ;they should at least give it to those who need it. I don't need another suit from Filene's Basement but there may be someone who could use it more . If I am given a rebate I will donate it to 'Habitat for Humanity' .
I'm waiting for the details but I have heard that seniors who's only source of money is their SS check are not eligible .
I thought the part of the President's address that would do most for the economy was making the tax cuts permanent and to cut business taxes so that they are at least in line with our world wide competators .We have one of the most regressive tax schedules for businesses in the developed world . No wonder businesses move jobs out of the country .