In all honesty, I don't have any hopes of this improving our economic situation for the long term. I agree that this is just a misguided attempt for a shot in the political popularity contest. I think most people who qualify for the rebate will do the responsible thing and put it towards some debt instead of filling their (too expensive) homes with more junk. What with all of the dire news about rising debt in a bear market, you'd think people would have it in their minds to look out for their finances...


I am fortunate that the only debt I have is from school loans with their ridiculously low interest rates (wahoo!). But then again, I don't really have any assets, either I am hopefully going to be spending the rebate, in combination with my return and quarterly bonus, on a lovely new bike