Now, I love getting checks in the mail at least as much as the next person, and it's not like I can't use the money. I've got a house to feed. And a gas tank. But...
We're eleventy-four gaskillion dollars in debt over this stupid war. The entire economy is founded on bad credit. We're living, collectively, like an addict charging his drugs on his credit card, and paying that credit card with another credit card. The dollar is an international joke.
So, handing out billions of dollars in dribs and drabs that will almost certainly be spent on foreign-made goods is a sound idea how, exactly?
And let's not forget the tax rebate of 2002. Remember that one? Three hundred bucks to every taxpayer, so we could follow W's post-9/11 advice and "go shopping" to assuage our trauma. 'Member that? And how Turbotax neatly reduced your refund by three hundred bucks the next year?
So this isn't a "gift" and it's not a "rebate." It's an advance. And not only will it likely be deducted from any refund you may have coming next year, but you will pay income tax on it for 2008.
Ain't I just a killjoy.
So, a little poll.
Do you think you'll be getting one of the "rebate" checks?
What will you do with the money?
Pay a bill
Buy something cool
Donate it to charity
Put it in savings
Invest it (retirement, stock market)
Fritter it away, probably
This tax refund is
manna from heaven
a valid economic stimulus
likely to happen right before the elections
something else I'll put in the comments