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Economic Stimulus Package Has Arrived!!

My3rdEyeMy3rdEye Posts: 927
edited April 2008 in A Moving Train
Just got my rebate by direct deposit this morning (EDT).

Spend or save?

What will you do? What do you figure most people will do and will it have any impact on the economy whatsoever?
My blog for your boots:
http://inthepresenttense.blogspot.com/
Post edited by Unknown User on

Comments

  • NevermindNevermind Posts: 1,006
    Im going to spend every cent of it on broccoli.
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    I'm certain I made to much to get one but in the freak instance that I do I'm donating it to a group that is going to defend our southern border from this continued invasion.
  • LikeAnOceanLikeAnOcean Posts: 7,718
    My plan is to spend $100 of it on Grand Theft Auto 4 and a few blu-ray movies.. the other $500 will go into my savings.
  • Joe2TheRevengeJoe2TheRevenge Posts: 904
    yay! free money! thanks bush!

    i will probably use it to pay off my gas card, since the bill skyrocketed now that gas is approaching 4 bucks a gallon. once again, thanks bush!
    You can't spell "dumb" without DMB
  • ajedigeckoajedigecko \m/deplorable af \m/ Posts: 2,430
    i plan on attempting to stimulate myself with it.
    live and let live...unless it violates the pearligious doctrine.
  • AbookamongstthemanyAbookamongstthemany Posts: 8,209
    ajedigecko wrote:
    i plan on attempting to stimulate myself with it.

    It's the least we could do, really.
    If you want to tell people the truth, make them laugh, otherwise they'll kill you.

    Man is least himself when he talks in his own person. Give him a mask, and he will tell you the truth.
    -Oscar Wilde
  • ajedigeckoajedigecko \m/deplorable af \m/ Posts: 2,430
    Abookamongstthemany wrote:
    It's the least we could do, really.
    with all due respect......how can they think that 1500 is going to stimulate the economy?

    they should have just left out the word stimulus and called it (insert your title here) because i can not think of an appropitate title.
    live and let live...unless it violates the pearligious doctrine.
  • My3rdEyeMy3rdEye Posts: 927
    ajedigecko wrote:
    with all due respect......how can they think that 1500 is going to stimulate the economy?

    they should have just left out the word stimulus and called it (insert your title here) because i can not think of an appropitate title.

    Well you know some people are going to take that 1500 and buy a nice flat screen or PS3s for the entire family or some other bullshit.

    Don't get me wrong it would be nice to splurg on something but I'm thinking of just popping this in my Roth or just in the savings account for when I really need it.

    However, lets say that everyone that gets a check spends it. Does it help the economy?
    My blog for your boots:
    http://inthepresenttense.blogspot.com/
  • intodeepintodeep Posts: 7,240
    I received mine this morning too. :)
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    Ohana Festival 24 x2
  • ajedigeckoajedigecko \m/deplorable af \m/ Posts: 2,430
    My3rdEye wrote:
    Well you know some people are going to take that 1500 and buy a nice flat screen or PS3s for the entire family or some other bullshit.

    Don't get me wrong it would be nice to splurg on something but I'm thinking of just popping this in my Roth or just in the savings account for when I really need it.

    However, lets say that everyone that gets a check spends it. Does it help the economy?
    i will say no, only because they tried sending a check out about 5 or 6 years ago for 400, if i remember correctly, for the same reason.

    now here we are with the current amount being sent out. so if we follow the same pattern, in about six years we should be receiving a check for around 4900.

    i like what you are doing, with regards to saving it.
    live and let live...unless it violates the pearligious doctrine.
  • upina2001upina2001 Indiana Posts: 764
    id love to save it but im paying for a new roof.
    And my wifes $1700 in credit card debt. errrrrrrrgggggggg. :(

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  • blackredyellowblackredyellow Posts: 5,889
    unsung wrote:
    I'm certain I made to much to get one but in the freak instance that I do I'm donating it to a group that is going to defend our southern border from this continued invasion.

    You'd be better off spending it on broccoli.
    My whole life
    was like a picture
    of a sunny day
    “We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.”
    ― Abraham Lincoln
  • Pacomc79Pacomc79 Posts: 9,404
    ajedigecko wrote:
    with all due respect......how can they think that 1500 is going to stimulate the economy?

    they should have just left out the word stimulus and called it (insert your title here) because i can not think of an appropitate title.


    because it's not 1200 or 1500 it's a gigantic amout of people with money they treat as found money. So they maybe buy a few more big ticket items....so the people working in those sectors can earn more or keep thier jobs what have you. People will invest... same thing.

    I'm hoping everyone will take that money and pay off huge chunks of credit card balances... being out of debt is a great way to live. Certainly reduces stress.

    Even if it only goes to debt. You're mantaining good credit and you're increasing your ability to do the things you might want to do like buy a house; keep your house; or fix your roof or whatever.
    My Girlfriend said to me..."How many guitars do you need?" and I replied...."How many pairs of shoes do you need?" She got really quiet.
  • inmytreeinmytree Posts: 4,741
    fyi: http://www.wtvr.com/Global/story.asp?S=8229287

    Are you awaiting your tax rebate check? Join the club.

    Originally, the IRS said they'd start mailing them May 2, but we now have an updated schedule of Monday April 28.

    If the IRS has your direct deposit information, your check will deposited earlier than those who are getting it by mail. But, the mailed checks are also coming a week earlier than originally scheduled. Read the breakdown for deposits and mailings below:

    (match the last digits of your social to the date)

    Direct Deposit:

    00-20 April 28

    21-75 May 5

    76-99 May 12

    Mailing Paper Check:

    00-09 May 9

    10-18 May 16

    19-25 May 23

    26-38 May 30

    39-51 June 6

    52-63 June 13

    64-75 June 20

    76-87 June 27

    88-99 July 4
  • mammasanmammasan Posts: 5,656
    I will spend mine in Punta Cana, when my girlfriend and I go there this summer.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • Pacomc79Pacomc79 Posts: 9,404
    mammasan wrote:
    I will spend mine in Punta Cana, when my girlfriend and I go there this summer.


    Nice land of a billion palm trees. THe DR is a good time. That's a nice area. Hopefully mojitos and good cubans are in your future. :D
    My Girlfriend said to me..."How many guitars do you need?" and I replied...."How many pairs of shoes do you need?" She got really quiet.
  • ZanneZanne Posts: 899
    I was thinking of donating it to an anti-bush campaign.
    Just me
  • mammasanmammasan Posts: 5,656
    Pacomc79 wrote:
    Nice land of a billion palm trees. THe DR is a good time. That's a nice area. Hopefully mojitos and good cubans are in your future. :D

    Mojitas and Cohibas are definitely in my future. My oldest brother went there last year and loved it. We got as good deal too, all inclusive.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
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