The Economic Stimulus Rebate

[Mr. Bloom]

The President has signed the Economic Stimulus Package and checks will be coming out in the next few months.

So what are you going to do with the money?

PS: Whisper your vote. Silver doesn't watch the news, so don't tell her about it, OK?

(poll results are not public and multiple choices are allowed)

[Kalidurga]

I would have loved to check that top box, but considering that I've spent the equivalent of a custom all-carbon bike on veterinarian bills over the last few months, I'll be paying off debt.

I still don't quite understand how these rebates help when we've got such a gi-normous deficit, so I'm not sure whether to be grateful for it or not.

[Meg McKilty]

The President has signed the Economic Stimulus Package and checks will be coming out in the next few months.

So what are you going to do with the money?

PS: Whisper your vote. Silver doesn't watch the news, so don't tell her about it, OK?

(poll results are not public and multiple choices are allowed)

So we're really getting the $600 or $1200 as talked about? I thought the government might BS us around for a while before distributing $5 to each of the masses.

Oh yeah, what I am going to do with it- save it to buy a new bike.

[uforgot]

The last time we got all excited about a rebate, it turns out it was just an ADVANCE on our next year's taxes. So, Mr. Silver, since I'm sure you understand economics much better than I do, is this going to be the same thing or something different? I am also curious how this will help with our enormous debt, also.

[Thorn]

e) Donate it to charity

To avoid this getting bumped to Way Off Topic, I'll skip my political tirade about why these checks are just wrong, wrong, wrong.

Instead, try the lemonade approach and state, when given money I neither expected nor feel is appropriate, I pick out a worthy charity and give it away.

[tulip]

e) Donate it to charity

To avoid this getting bumped to Way Off Topic, I'll skip my political tirade about why these checks are just wrong, wrong, wrong.

Instead, try the lemonade approach and state, when given money I neither expected nor feel is appropriate, I pick out a worthy charity and give it away.

Last time this happened, I gave my whole $300 over to my local community garden. I may do the same thing this time, but I may not. The divorce has left me a bit in debt, so I may pay some of that off.

[NoNo]

Definitely paying off debt. While I agree with the others here about this being an ill-conceived notion, I'm not about to pass up free money. I'm in a tight spot and every little bit that will help pay off the CC faster is good in my book.

[Crankin]

We are not getting any... we make too much money. Last time, however, we spent the $ on a snow blower.
Personally, I think this is a band aid and a poor excuse for not really attempting to fix the problems we have. I don't need the extra cash, but it is frustrating to see how the pres. thinks this will help. I mean, he has no grasp on what things really cost, anyway.

Last week I asked my sons what they would do with the money. One is going to save it and the other is either going to use it help pay off a credit card bill for car repairs or use it for a vacation.

[SheFly]

Like Robyn, we won't get any, which is fine with me. I read an article yesterday that said the last time they did this, only some small percentage of people actually spent the $, which is the point... Seems more like a popularity issue than really trying to stimulate the economy.

SheFly

[indysteel]

The good news is that I make enough income that I'm not eligible. I'll take my salary over a $300 rebate. The bad news is that I, too, think the package is ill-advised. But, oddly enough, neither Congress nor the President asked me what I thought.

[NJBikeGal]

A combination of Buying Cycling Stuff and Paying off Debt. Because...I just picked up my new baby from the bike shop yesterday! Now, of course, I have to finish paying him off! Ain't he handsome!?!?

[7rider]

I would just be re-stating a lot of what folks have already stated.

So I'll refrain.

However...I couldn't help but notice that the one who started this discussion has not stated what HE would do. Oh, Mr. Silver??????

[maillotpois]

Yeah, popularity contest - and in an election year to boot. What a shocker.

[IFjane]

Yeah, popularity contest - and in an election year to boot. What a shocker.

I'll take their money (excuse me, MY money) but it won't change the way I plan to vote......

[BleeckerSt_Girl]

To our current administration:
Yeah sure.....first take all our money, put lots of it in your fat pockets, squander the rest of it really badly and put us, our children, and our grandchildren into massive debt for decades to come. Then mail us a puny pittance of our own money back to us as though it's some grande gifte. Like we're supposed to jump up and down in gratitude? It won't do a damn thing to stop the coming major recession you have gifted us all with on your merry and prosperous way out the door. You make me sick.