So we get free money from the IRS!!!!!!!

stdreb27

Active Member
I've been thinking, 150 billion dollars will add about 1% to our GDP. If we average about 3.3% growth in GDP then assuming it will all get spend (mine won't) that is a 30% increase in growth.
But then you think about it, and you KNOW the government will spend it on something, so maybe it would hurt...
but shoot dang, Free money, that you worked for paid into the government, and now they are returning. But we can't have tax cuts, we have a huge budget deficite. Does anyone else think this is groundbreaking because the dems just signed off on a trickle down economics idea?
 

lecithin

Member
ahhh an arguement on politics, now there's one that that we can win!
The rebate is highly debated because many of us recieving it will use it to pay off debt. Thus it will not spur the economy, it will simply... well pay off our own existing debt. Of course it is also debatable that once our debt was/is paid off (or more of it paid off anyway) that we would be free to spend more money.
Will it help the economy, yes, it should somewhat, but how much?
 

breiwa1

Member
"Actually, he's the only President to be impeached since Jackson was impeached in 1868.
Nixon resigned."
Well I guess even Nixon had a little dignity
 
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