Comments on: So Much For That Theory

By: Ben

Ben — Fri, 28 Mar 2008 14:17:55 +0000

I’m going on a trip to Japan around the time the checks will be sent out. I will probably spend it there!

By: TerryP

TerryP — Fri, 28 Mar 2008 14:02:34 +0000

Politicians always want the quick fix.

Saving the money will help the economy far more in the long run then spending it now. By saving/investing the money it will get to the industries so that they can build the products/provide the service that you want and that you will be able to afford later on since you have some savings.

By: Nitroadict

Nitroadict — Fri, 28 Mar 2008 06:05:30 +0000

I’m actually thinking about using my check towards some type of Agorist action in counter-economics.

It’s either that or burn up my cash in a pulpit, & prey to science that natural selection kicks in and sorts this mess out. Cynicism is such a harsh mistress.

By: UCrawford

UCrawford — Fri, 28 Mar 2008 05:25:24 +0000

Justin,

If Bush doesn’t expect a significant amount of that money to flow right back to the industry in trouble then he’s even dumber than I thought, and that’s saying something.

Back during his first term I used to think that Bush couldn’t possibly be as stupid as his most vicious critics said he was. After the first six years of incompetence and failure, however, I finally realized that the guy really is that stupid and it’s become apparent that the best economic strategy is usually to do the exact opposite of whatever he suggests is the smartest course of action (except for cutting taxes, of course).

By: UCrawford

UCrawford — Fri, 28 Mar 2008 05:19:43 +0000

I guess the majority of Americans aren’t as financially foolish as we’re sometimes led to believe.

That’s right…stick it to the man, America :)

By: Justin Buist

Justin Buist — Fri, 28 Mar 2008 04:13:22 +0000

Given that the banking industry is in a bit of trouble right now wouldn’t putting that money into savings actually help them out?

If Bush doesn’t expect a significant amount of that money to flow right back to the industry in trouble then he’s even dumber than I thought, and that’s saying something.

By: Barrett

Barrett — Fri, 28 Mar 2008 02:55:33 +0000

I intend to put the money in savings. Maybe I can offset some of the inflation this “stimulus” is going to cause.

By: Gerrod Gerrodson

Gerrod Gerrodson — Thu, 27 Mar 2008 23:57:41 +0000

If you don’t spend it all within 24 hours of getting it, you’re letting the terrorists win.===So would buying a plane ticket and giving it to a terrorist qualify as a good use of the economic stimulus plan? Round trip, of course; don’t want to scrimp, now do we? If jewelry is a good idea, how about 72 14carat gold nose rings? For, you know, like afterwards. And a gross (how fitting) of Korans, waterproof and fire resistant, just in case the trip is interrupted by flood or brimstone. The worst case scenario is not that it is all a sham; the worst case scenario is finding out sham doesn’t spend.