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Second Round of Rebate Checks

Second Round of Rebate Checks?

Much to nobody's surprise, the rebate checks issued as part of this year's economic stimulus package haven't done enough to boost our economy thus far. In fact, economists are wondering if another round would prevent our economy from falling apart entirely. Strong words? Yep, but there are too many people losing their homes and suffering from job losses to ignore the big pickle that is our economy.

Democratic leaders have initiated the idea of a second stimulus package that would include spending for roads, bridges, schools, and other public facilities. The possibility is being discussed, and while President Bush admits that growth had been “slower than we would have liked,” he also wants to let the first package "run its course" and reassures that he "is an optimist."

Expect more debates surrounding the issue throughout the Summer and then some. If another plan including additional rebate checks does come into play, let's hope they hold off from releasing inaccurate schedules and from sending expensive letters regarding the issue.

Source

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Mintie Mintie 7 years
Bush did it to make himself look better. Just like the one he gave us when he first got in office. He doesn't give a sh*t about the economy at this point... he's out. He's making gestures at this point... like the useless environmental bill he just signed. It's all smoke and mirrors to take the focus off what an EFF UP his entire term has been!
Mintie Mintie 7 years
Bush did it to make himself look better. Just like the one he gave us when he first got in office. He doesn't give a sh*t about the economy at this point... he's out. He's making gestures at this point... like the useless environmental bill he just signed. It's all smoke and mirrors to take the focus off what an EFF UP his entire term has been!
kittylover1 kittylover1 7 years
and my comment was in response to those who were Complaining......like i said if it was a bigger of course it could help the enconomy i guess bush did no want to really help the economy and believe me bush knew very well people were going to use that check to pay bills and other stuff and if they do approve a second check wouldnt it go to the state or city for the damn road and other stuff it said in the article...we will still SOL
kittylover1 kittylover1 7 years
If the rebate checks was such a waste of time and money why did you not send your back instead of using it HELP out with some the bills you have and instead of using it for gas yes I will admit the amounts could have been more and maybe a difference would have been seen but to those that say i didn't spend on myself or all that postage that was wasted you should have sent it back and told them to keep it, i'm pretty sure it would have made up for the wasted postage. you were not complaining when you got it and paid that bill and you damn sure were not complaining when you had gas for a week or two or whatever amount of time it was.
kittylover1 kittylover1 7 years
If the rebate checks was such a waste of time and money why did you not send your back instead of using it HELP out with some the bills you have and instead of using it for gas yes I will admit the amounts could have been more and maybe a difference would have been seen but to those that say i didn't spend on myself or all that postage that was wasted you should have sent it back and told them to keep it, i'm pretty sure it would have made up for the wasted postage. you were not complaining when you got it and paid that bill and you damn sure were not complaining when you had gas for a week or two or whatever amount of time it was.
BRANDYNICOLE730 BRANDYNICOLE730 7 years
Anyone else hear that 55% percent of the stimulus checks went straight to child support? What does that say about our society?
raieven raieven 7 years
mine and my husband's check went straight to the IRS to pay for my husbands (self employed) 'estimated tax'. bah.
nals33 nals33 7 years
There are remnants of my check still sitting in my savings account; only a few hundrad dollars worth. The rest was used on bills and essential needs [groceries & gas]. I'm not gonna complain about getting free money; I'm all for it actually! :P Especially since this past week the reality of how high the gas prices are hit me & my bank account.. :T Plus, I actually had to bargain shop at the grocery store. I've never done that! lol Anyways, I agree. The government's going to need to do more than send out miniscule amounts of $$ to help stimulate our downward spiraling economy.
ilanac13 ilanac13 7 years
i think that the expectations were a bit out of reach that the $600 would go to retail or the economy. we are all in bad shape - even if we're not in the dire conditions of a lot of people. for myself - i'm managing my mortgage, but that doesn't mean that i don't have other debts that i'd like to pay off.
Megatron Megatron 7 years
I am not surprised at all. I "stimulated the economy" by getting a new ipod and my house mate bought a Wii. I guess we are among the few who didn't spent it on reducing our debt even though we probably should have. While I understood the purpose of the checks, I didn't think the transformation of the economy would need to be so fast. If we get a second round, though, I will pay down my debt.
Megatron Megatron 7 years
I am not surprised at all. I "stimulated the economy" by getting a new ipod and my house mate bought a Wii. I guess we are among the few who didn't spent it on reducing our debt even though we probably should have. While I understood the purpose of the checks, I didn't think the transformation of the economy would need to be so fast. If we get a second round, though, I will pay down my debt.
Kelliegrl Kelliegrl 7 years
Never got mine either :IRK:
Kelliegrl Kelliegrl 7 years
Never got mine either :IRK:
Kelliegrl Kelliegrl 7 years
Why am I not surprised that this didn't work :IRK:
Kelliegrl Kelliegrl 7 years
Why am I not surprised that this didn't work :IRK:
AnnaLove AnnaLove 7 years
It would need to come in much larger amounts to help.
TheMissus TheMissus 7 years
Mine and my husband's rebate check was for, no lie, $1.56.We figure that if that is all we get back, the government needs it more than we do. We haven't cashed the check. We intend to frame it once we move to Canada next year.
TheMissus TheMissus 7 years
Mine and my husband's rebate check was for, no lie, $1.56. We figure that if that is all we get back, the government needs it more than we do. We haven't cashed the check. We intend to frame it once we move to Canada next year.
bluebellknoll bluebellknoll 7 years
Perhaps they should consider giving out $6000 checks next time???? ;)
SaRaH-22 SaRaH-22 7 years
I could deal with getting another one...it would go towards our winter trip to New York so its supporting the US so i wouldnt feel as bad as my last $600 which just went towards buying a new couch!
clarissa-75 clarissa-75 7 years
only received $300 on mine and I am taking care of a parent with cancer who can't get insuranc to cover medical bills. I used mine to buy food and pay for bus fare to get my booty to work. Things have not been the same since 9/11 and it just seems to be getting worse and more expensive. My only hope is we aren't headed for another depression.
brookrene brookrene 7 years
Didnt stimulate the economy with mine either, it went to my credit card. But in the story it says they would use it for roads, education, etc...doesn't that mean that we wouldn't get one? Wouldn't the state/city/county get one?
ladypenguin ladypenguin 7 years
Got ours this week. Two weeks after a huge emergency vet bill and just two days before my car broke down. Yep, not stimulating the economy with my check either.
ehadams ehadams 7 years
I FINALLY got mine and deposited it yesterday. My mom and my boyfriend never got one. Meh!
mlen mlen 7 years
i spent mine in mexico actually- so that didn't really help the US. oops!
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