I told Christian I'd believe it when I saw it. And I see it. $1200 direct deposited into our checking account. Sweet.
The whole point of the stimulus check is to increase spending, thus jump-starting the economy. Whether any of us actually agree with this idea or not, that's what the government is trying to do. In other words, they want us to actually spend the money.
Will it work? Who knows.
Should the government be spending this much money when they are already deep in debt? Probably not.
Is it really our money and we're just getting it back? Probably, but it all depends on how you feel about taxes.
Are the rich people getting screwed because they pay the most taxes but aren't getting anything back? Probably.
Should we be spending the money on US products so the money truly goes back into our economy? Probably.
Should we snub the whole idea and not cash the checks? No idea (and not exactly possible when it is already direct-deposited into your account).
Should we donate the money to charities? Probably.
Should we buy food storage and emergency supplies? Probably
Should we blow the money on trivial stuff? Probably not, but doesn't it sound fun?
Honestly, I don't know. Lots of people out there have lots of opinions on this subject. All I know is that my lowest grades in high school AND college were in Economics. But I do remember this whole increasing spending strategy. So am I going to give my opinion on this whole thing? No. I believe in keeping my mouth shut if I really don't know what I'm talking about.
So for now, $1200 is sitting in my bank account just waiting to find out its fate.
I know my blog isn't exactly blooming with political debate and intellectualism, but answer me this: 1) What do you think about the whole thing? and 2) What are you going to do with your money?
1 week ago