Quote Originally Posted by Karen
I think it is silly to think that handing out money will help the conomy enough to turn it around, with so many Americans in so much debt - and whose money is it? It's our tax dollars in the first place. They would just be taking from us to give it to us. All political hoooey, in my humble opinion. It's not like they are giving us money from some huge government surplus, instead the government itself is in record deficit territory. Do they think we're all dumb enough to forget that?

Quote Originally Posted by Rachel
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.

I agree with both of you!