Stimulus Package - What Will You Buy?
- Thread starter Zephyrus
- Start date
I just found out my parents spent their $1200 on a new laptop.
As for myself, it turns out I get nothing since I haven't paid any income taxes yet in my life.
As for myself, it turns out I get nothing since I haven't paid any income taxes yet in my life.
The Ozzman
Melted by feels
zabu of nΩd
Free Insultation
- Feb 9, 2007
- 14,620
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I find it really amusing that some people here think it's everyone's duty to blow the money they get. Is there even any evidence that this will actually help the economy? Adding 170 billion dollars to our national debt sure the fuck won't.
It sure as fuck won't help the economy if you just put it in your savings account. Increased consumer spending does generally give the economy a short term boost yes, so while this whole plan is pretty retarded it would be better if everyone actually uses the money (or atleast some of it) than if the majority of the population is just going to sit on it.
King Richard
Hello there
You know what would help the economy? If gas prices dropped so we could actually blow our money on stuff other than gas. Ya, that would be nice.
The Ozzman
Melted by feels
The Ozzman
Melted by feels
It won't work because that's just what it is: a short term boost. They should aim to fix it long-term (read: get rid of the Federal Reserve ffs)
The Ozzman
Melted by feels
King Richard
Hello there
Yeah well whoever is guilty of milking us needs to be rammed in the ass.
Beer it is!
seedofvengeance
Boosh!
MasterOLightning
Optimator
Spending the money is better in the sense that the government will recoup some of the money through various taxes. Local governments also should benefit from this in collecting sales taxes. If you want to believe in some way that you are improving your situation, buy local products and keep your money near where you live.
The government probably wouldn't mind if you spent it on beer, since beer is taxed more highly.
The government probably wouldn't mind if you spent it on beer, since beer is taxed more highly.
The Ozzman
Melted by feels
It actually won't be of any benefit at all because it's our tax dollars coming back to us anyway
skeptik
Member
- Feb 7, 2003
- 24,413
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it boosts the economy LDO
Look, you can either:
1) Reinvest this money into the economy, thus having a (most likely) very small overall impact in a positive path
or
2) Invest it in yourself and see your world crumble around you as millions die of starvation in the streets in record numbers.
Choose wisely.
Look, you can either:
1) Reinvest this money into the economy, thus having a (most likely) very small overall impact in a positive path
or
2) Invest it in yourself and see your world crumble around you as millions die of starvation in the streets in record numbers.
Choose wisely.
The Ozzman
Melted by feels
I choose 2
I really think some of you need to learn a bit more about economics and finance before actually saying this is going to help the economy.
I really think some of you need to learn a bit more about economics and finance before actually saying this is going to help the economy.
seedofvengeance
Boosh!
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