So how do you feel about Dictator Bush's band-aid for the economy? Face it, folks. We are already in the middle of a recession. Denial is a major symptom of mental illness. And we, as a nation, should be thrown in the Looney Bin.
This plan he concocted is a matter of too little-too late. And by little, look at what this rebate of his entails:
The minimum rebate check would be $300 and range up to a maximum of $1,800. The rebate is a refund of the taxes from eliminating the 10% tax bracket. The dollar amounts are determined by an individual's earned income and family size. Unmarried individuals would receive a rebate of up to $600, and married couples a rebate of up to $1,200. Plus, there will be a $300 rebate per child, up to a max of two children.
Sorry, but that's not going to cut it. With the amount of unemployment on the rise, poor store sales and the continued substantial losses in the stock market every day, this idea and this small amount money is insulting.
And remember.... it's not the government's money. It's really your money that they're giving back to you.
Wednesday, January 30, 2008
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2 comments:
I totally agree with you. Even if people were to get the max rebate the average family will have to use it to catch up on bills. When you have a huge heating bill, groceries go up daily, not to mention the gas prices, that little money will not help our economy.
Yeah, with the rising cost of living, that small amount won't be much help to anyone or the economy. My wife and I will likely spend it on bills. I know some people out there might spend it on a new tv, gadget or some other trivial object. Not us.
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