Quote Originally Posted by emily_the_spoiled
Who knows what this tax rebate will actually end up being (besides a bigger deficit that we will have to pay down)
That was my thinking. I can't see how this will make but a blip of a difference in the economy.

What would have made a difference was keeping a tighter rein on the regulations with which money was lent out by banks. Then there wouldn't be all these foreclosures and drop in the value of houses which has in turn caused the crisis. It was so obvious that lending money with no down payment to people who previously didn't qualify at rates that would soon go up to kazoo was a recipe for disaster.

As for what I do with the money, it won't be any different from what I do with any money I earn, put it in the bank until I need to pay some bill with it. My house is worse than a kid going to college.