Edward429451
Moderator
Bush is about to give all Americans an 800 dollar welfare check to convince us the economy isn't that bad. I'm no economist but that's a band aid & a lie even to my poor ol wrench turner ears.:barf:
Bush is about to give all Americans an 800 dollar welfare check to convince us the economy isn't that bad. I'm no economist but that's a band aid & a lie even to my poor ol wrench turner ears.
I have to wonder...
How many will take that and put it in savings, in an IRA, or buy most of a single gold coin? How many will pay down any unsecured debt with it?
And how many will rush out and buy a shiny new flatpanel TV?
We are having less children these days, who's going to feed the coffers that retired folks live off of? Who's going to provide the jobs?
No thats not correct. Not everyone is going to get a check. It appears you will have to be below the 10% income tax bracked to qualify.
The money is intended to be spent. The buy and therefore things get sold. More stuff gets sold the the profits go up and investment continues and jobs are kept and wages earned and things get bought and so on.
Edward429451 said:Bush is about to give all Americans an 800 dollar welfare check
What he is proposing is cutting my tax bill by $800.
The money he plans to give to me is mine to begin with.
In what twisted sense of the word "welfare" does this fit?