DarkEmeralds (emeraldsedai) wrote,
DarkEmeralds
emeraldsedai

Panem et circenses

As many of my American friends will have heard by now, the Senate has just agreed to send out checks for several hundred dollars to each of 117 million families. They are calling this an "economic stimulus package."

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.

Poll #1126855 Economic stimulus

Do you think you'll be getting one of the "rebate" checks?

Yes
4(44.4%)
No
3(33.3%)
Not sure
2(22.2%)

What will you do with the money?

Pay a bill
1(12.5%)
Buy something cool
0(0.0%)
Buy necessaries
1(12.5%)
Donate it to charity
0(0.0%)
Put it in savings
0(0.0%)
Invest it (retirement, stock market)
1(12.5%)
Fritter it away, probably
2(25.0%)

This tax refund is

bogus
3(33.3%)
manna from heaven
0(0.0%)
a valid economic stimulus
0(0.0%)
likely to happen right before the elections
1(11.1%)
something else I'll put in the comments
0(0.0%)
Tags: politics, taxes
Subscribe
  • Post a new comment

    Error

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 10 comments