Originally Posted by 70GT6
Look closely, it appears that it is actually an advance on next years "refund". It is not free money.
Where do you get that?
Even the liberal AARP states: "This payment has nothing to do with income tax refunds."
I do agree with you that it is not free money. We taxpayers will have to pay it back with interest.
I don't think that the "economic stimulus package" will do anything to help our economy. One of the few things that will help our economy is for the supply of homes to get back in line with the demand. We are going through an adjustment due to the greed of a few lenders, developers and persons buying homes they couldn't afford using unorthodox loans.
Dependency on a few greedy countries for our energy needs is another big problem. However, Hillary and/or Obama are going to fix that problem in the first 100 days. They, unlike our current president are going to tell the oil companies to lower the price of gasoline.(I read it on the internet so it has to be true.)
This current adjustment is very similar to the dotcom crash in the 1990's. It's just a different and larger group of citizens that got hurt in the greed.
This is just my opinion and nothing else.