Money – President Bush said tax rebates will start going out Monday, earlier than previously announced, and should help Americans cope with rising gasoline and food prices, as well as aid a slumping economy.
Well, I don't think t's going to help except put the country in more debt.But I have to admit this is one anti-government hippocritical hog who went to the trough:)
Agreed, it's just going to put us more in debt. Of course, I'm not sending the check back either.
This will not make a dent in the can of economic trouble that we face. this money will make a scratch on the rectum of current debt. This is tantamount to putting up a Velcro board and tossing economic ideas against it and see what stick. They have no clue. Well for the people who this will help I am happy for them. I will donate my check to some food program
Yes thanks n2n - my $300 dollars should go such a long way. I might be able to fill up my gas tank a few times. Thanks GWB for boosting the economy!
Tessylo:
No clue why your comment would get five negs so far. I agree with your comment. Most people I know are on bugets, and their rebates will be going towards bills and/or gas tank. That's a very realistic comment.
I'm not sure either Ciera - Marie - maybe because my math was so terribly poor - I thought I might get several tankfuls - but I guess I should have specified - few could mean I don't know - about up to 5 fill-ups maybe - as for several - that could mean about a whopping 7.5 fill-ups (which is what it would cost to fill up NOW but as far as when I get the rebate I wouldn't be surprised if it went up to at least $4.00 here before that) - get lots more bang for my buck. Some people are so picky. Everyone I know is on a budget as well - and they'll probably use some of that money towards - oh I don't know - groceries to feed the children, etc. - those pesky kids too - they require feeding and watering.
I think I may be "queen for a day." Our real estate property value tanked, but our property taxes had just increased so much that the rebate doesn't even pay 20% of the increase, so we are *****ed. The school where I teach hasn't given us a raise in 5 years (but jobs are so scarce I stay). And my little "green" car now costs almost $50 to fill up. That meter should be moving!
I am ready . . . bring it on, baby! Mama's going to Disneyworld. :D
All of it will be used on gas before you get there
Please forgive Bkumm, simonsez - they didn't know I have a Chevy Cavalier - with a 13 gallon tank - so I might be able to fill it up about three times! Wow three whole times! So please forgive Bkumms fuzzy math - Bkumm wasn't that far off!
Anybody ever heard of exaggeration as humor? Good heavens.
If Tess has a 13 gallon tank and regular gasoline is $3.577 then it will cost about $46.51 to fill the tank.
If Tess qualifies and receives the smallest 'stimulus" check ($300), then Tess will be able to fill the Cavilier 6.45 times assuming, of course, that the price of gas stays stable. Which it wont. Now, gas has been going up, on average, about $.10 a week. So, if Tess gets a stimulus check last, that is on May 16, gasoline will cost $3.877. That will make filling the Cavilier cost $50.40 for a total of 5.95 times.
However, gasoline has started to accelerate in price over the last three or four days going up, on average, about $.03 a day. If that trend continues and all other things remain equal then gasoline could be as high as $4.21 a gallon then costing $54.73 to fill the tank. Allowing Tess to fill only 5.48 times.
That the worst case analysis.
Now, everybody calm down I was joking.
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FTA:
"Starting Monday, the effects of the stimulus will begin to reach millions of households across our country," Bush said Friday in remarks on the South Lawn of the White House.
The Internal Revenue Service had been saying direct deposits wouldn't start until next Friday. Bush said paper checks would begin going out on May 9, a week earlier than previously announced.
Don't spend it all in one place!
I'm sending mine to the Colorado AG since Limbaugh broke the law at both Colorado and Federal statutes. ;)
Send it c/o Boulder.
Bush says that the rebates will help to stimulate the economy. But, Bush has said a lot of things. :-)
Most of it pure foolishness!
Anybody remember "Baghdad Bob?"
It occurs to me that if Bush is Baghdad Bob, then him saying the economy was okay when the housing bubble popped would have been like Bob saying there were no infidels in Iraq with a tank parked on top of him.
I feel the same way about this stimulus comment.
How much is it going to help the economy when the Fed has to turn on the printing press so the checks will not bounce?
Well this is something your congress made up, all Bush gets to do is sign the bill at the end.
"It's galling to think that taxpayers' stimulus checks will be lining the pockets of OPEC. The sad truth is that the average American family will spend almost their entire stimulus check on higher gas prices this year," said Sen. Charles Schumer, D-N.Y., chairman of the Joint Economic Committee of Congress."
He's got a point here. So why won't he let us drill in our own backyard?
injest,
How much of the petroleum that's being pumped out of Alaska do you believe we actually get to use? 80%? 70%? 50%?
How much of the debt to Alaskans is still owed by Exxon?
These are the questions that should be sought out before Americans go on blithely about giving in to Big Oil. We need to reassured that what we take out of the ground stays here and that every safety measure is taken to insure no damage to an already fragile ecosystem such as ANWR or Florida's west coast beaches.
I don't believe that Big Oil will be too quick to provide that insurance. They've never done that before.
Injest,
We do drill in our own backyard.
According to the National Energy Administration's latest statistics, we pulled just over five million barrels of oil out of our backyard in January, 2008.
"So why won't he let us drill in our own backyard?"
--Maybe because he knows that anyone who actually thinks more drilling will guarantee that prices will go down at the gas pump and that right wingers will refrain from launching more illegal, multi-trillion dollar wars for profit is a complete imbecile. Conjobs are tax wh0res who will always choose profit over the common good and they absolutely cannot be trusted.
Two places. Gas and Food.
Ha!
"Don't spend it all in one place"!
... Just two places; gas and food.
Sorry for the double post...
Mine goes to pay my taxes. It is just a big loop.