Ask a Question
or
Create a Poll
  1. Home /
  2. Questions /
  3. Finance
  4. / Economics
  5. / Economic Forecasts

by justaQ on January 27th, 2008

justaQ

Question

Help answer this question below.

Do you think the presidents rebate plan will help the economy?

  • Like
  • Report
Share:
Other

Answers. 8 helpful answers below.

  • by deltabtry on January 27th, 2008

    deltabtry

    In the short run and perhaps will boost the dollar against other currencies. In the long run no but, a recession we can not blame the government. Recessions is corrective action on a economy that operates on credit and not cash flow. The businesses here is this country and many others have over extended and are in debt...no cash.

    So what goes up must come down. This temporary insertion of cash to consumers will be delaying the inevitable.

    • Like
    • Report

    3 comments | Post one | Permalink

  • by somecallmeFred on January 27th, 2008

    somecallmeFred

    Unfortunately, no. But I will take the money anyways. I will put it to use like they want me to and buy something expensive, but we are already in a recession. This is nothing more than an attempt to make us feel like we are doing better than we already are.

    • Like
    • Report

    No comments. Post one | Permalink

  • by john pennington on January 27th, 2008

    john pennington

    No. it sounds good on the surface, but its just a bandaid covering the real problems.

    If a single person or couple investes the money, then it might work.

    Lets be frank, how many alcoholics and drug users are foaming at the mouth, waiting for their check to arrive? no help to the economy here, except to the drug dealers /convenience stores.

    This reminds me of the thousand dollar debit cards issued to supposedly victims of the Kartrina hurricane. how was this money used? how many people had more than one debit card and did the Federal Government do anything about it? no.

    Sorry, my answer is no.

    • Like
    • Report

    No comments. Post one | Permalink

  • by loveschimps on January 27th, 2008

    loveschimps

    Honesty I think it is a very short sided plan to give people a false sense of security that all is well in the United States. It is a stop gap measure that is a great diversion for people to think about, it seems like a wonderful plan but it is just another package that is adding more debt in the long run.

    • Like
    • Report

    No comments. Post one | Permalink

  • by ethicalbro on January 31st, 2008

    ethicalbro

    YES, It will help the chinese economy immensely. then they might buy from us.

    No comments. Post one | Permalink

  • by lazaruslong138 on January 27th, 2008

    lazaruslong138

    might give it a little bump-mostly it gives the appearence of doing something when in reality it does nothing but increase the debt-i would really like to see the government cut out spending an equal amount on a permanent basis so the savings keeps going on-they can take less out of my check each week----cool question-smile and enjoy the night

    No comments. Post one | Permalink

  • by Littlebirrd on January 27th, 2008

    Littlebirrd

    Yeah, about as much as putting a bandaid on a severed limb would.

    No comments. Post one | Permalink

  • by Kiss A Fat Babys Ass on January 27th, 2008

    Kiss A Fat Babys Ass

    Yes i wll most definately help.I only hope our wonderful government can stop bickering long enough to get it passed this year.

    No comments. Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading Do you think the presidents rebate plan will help the economy?

Follow us on Facebook!

Related Ads

Related Questions

Professionally Researched

ANSWERBAG BUZZ

What do clouds feel like
Do rebates help economy

Answerbag

a Demand Media company