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f-dallas
Economic Stimulus Package
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1/24/2008 4:13 PM
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This is for everyone but EAG.
I understand they are about to approve this package which would essentially result in a check mailed out to every American household and I understand there are a number of business tax breaks, but does anyone have any idea how much we're going to get?
I've heard $600 for individuals, $1,200 for households. I've heard it starts at $300 with $800 for dual income households under $150K and up to $1200 including credits for children.
Does anyone have any idea what it's actually going to be or it just too early to know?
Finally, this stimulus package is a big crock of shit either way, because giving someone $300 isn't exactly changing their lifestyle. My cable bill is over $200. The government is paying my cable for 45 days.
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KeithByars
RE: Economic Stimulus Package
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1/24/2008 4:24 PM
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I read a few things too, the last thing I read was $600 for individuals under $75,000 a year, or $150,000 for a couple, then $300 for each child.
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bassiladelph
RE: Economic Stimulus Package
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1/24/2008 4:32 PM
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Link'd
I'm trying to see how this will stimulate the economy, especially if it'll be used for some people to keep their homes from being foreclosed.
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Dino727
RE: Economic Stimulus Package
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1/24/2008 4:34 PM
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It won't stimulate the economy.
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KeithByars
RE: Economic Stimulus Package
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1/24/2008 4:34 PM
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Yeah, it'll pay an electric and food bill, that's it
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GlennGoBlue
RE: Economic Stimulus Package
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1/24/2008 4:37 PM
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Depends how people use it. If you are stupid and save it or pay down debt you are Unpatriotic. If you fritter it away on electronics or strippers then you are a true American Hero.
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f-dallas
RE: Economic Stimulus Package
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1/24/2008 4:38 PM
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Who thought this up, though? I'll take their check, but they really think $600 per person or couple is going to bring a great return on their $150 Billion investment?
It just sounds dumb.
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Dino727
RE: Economic Stimulus Package
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1/24/2008 4:40 PM
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It is because your government thinks you are stupid.
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GlennGoBlue
RE: Economic Stimulus Package
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1/24/2008 4:40 PM
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It's about putting money where it needs to be, if only in the short term. It could work for a short-term fix.
For real progress we need to kick out the illegals, stop offering WIC cards end welfare, and let the chips fall where they may.
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GlennGoBlue
RE: Economic Stimulus Package
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1/24/2008 4:42 PM
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If this won't help the economy then I suppose you guys are in favor of a tax INCREASE? Then I suppose that would not hurt it either? This will help the economy a bit,get some money flowing to the little guys, that might help roll up to the bigger guys.
Probably won't make a huge difference but in an election year it gets passed.
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f-dallas
RE: Economic Stimulus Package
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1/24/2008 4:43 PM
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But will it even bump the economy in the short term? It should improve confidence on Wall Street (maybe), but I'd be shocked if it even made a dent in the real consumer driven economy.
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flesh4fantasy
RE: Economic Stimulus Package
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1/24/2008 4:45 PM
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This will help the economy a bit,get some money flowing to the little guys, that might help roll up to the bigger guys.
trickle up economics?
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bassiladelph
RE: Economic Stimulus Package
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1/24/2008 4:45 PM
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People are in the mess that they're in now because some of the lack fiscal responsibility.
Giving them a fish without teaching them to be a fisherman isn't exactly smart.
A small fix I doubt, but that doesn't even begin to attack the root of the problem.
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Seth in 736
RE: Economic Stimulus Package
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1/24/2008 4:47 PM
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"For real progress we need to kick out the illegals, stop offering WIC cards end welfare, and let the chips fall where they may." - GGB
Glenn's best post, in 3 or so years.
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Dino727
RE: Economic Stimulus Package
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1/24/2008 4:48 PM
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GGB, the answer is to lower taxes in the first place not send checks. How do you think they pay for this? Oh yeah, increase the deficit.
They need to lower taxes and decrease spending. Getting out of Iraq would help in that regard.
It is not really rocket science.
This is a smokescreen.
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Seth in 736
RE: Economic Stimulus Package
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1/24/2008 4:48 PM
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can i have yours then Dino?
Wouldnt want you to have to partake and thus feel used, by this Gov't that doesn't respect your intellect.
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GlennGoBlue
RE: Economic Stimulus Package
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1/24/2008 4:48 PM
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F4F, I was referring to businesses. Trickle down refers to individuals.
We can discuss tomorrow, Happy Friday Eve all.
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Dino727
RE: Economic Stimulus Package
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1/24/2008 4:49 PM
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Not to go all EAG in you, but I won't be getting any Seth.
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Dino727
RE: Economic Stimulus Package
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1/24/2008 4:49 PM
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ON you ON you! Ugh.
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SeeZakRun
RE: Economic Stimulus Package
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1/24/2008 4:52 PM
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Seth in 736
RE: Economic Stimulus Package
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1/24/2008 4:52 PM
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I honestly don't know what to say here.
Glad you're doin well Dino- but regarding NEAG- do none of you have memories that go back, oh, more than 6 months?
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f-dallas
RE: Economic Stimulus Package
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1/24/2008 4:53 PM
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Not to go all EAG in you, but I won't be getting any Seth.
We haven't had enough ejaculate discussion today?
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Seth in 736
RE: Economic Stimulus Package
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1/24/2008 4:53 PM
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I just had an epileptic fit scrollin thru that chart.
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flesh4fantasy
RE: Economic Stimulus Package
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1/24/2008 4:53 PM
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F4F, I was referring to businesses. Trickle down refers to individuals.
We can discuss tomorrow, Happy Friday Eve all.
i was just messing around. i know next to nothing about economic theory.
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f-dallas
RE: Economic Stimulus Package
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1/24/2008 4:57 PM
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I just had an epileptic fit scrollin thru that chart.
If Turkey doesn't pull its head out of its ass, they're getting marched on.
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