Economic stimulus, Part 2? - Yahoo! News

So what do you all think ?

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"Madison AnnMarie " 6/13/2008

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Personally me, I would rather see food and gas prices drop back to where we can afford them. This is"not" what America needs, We need cost of living to drop if these things would happen then there wouldn't be a "Need" for this.

I agree with bringing down the price of gas and food. I don't know how that could happen, but I wish it would.

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Calling a illegal alien an "undocumented immigrant" is like calling a drug dealer an "unlicensed pharmacist."

seems to me like they want people to spend spend spend for the holidays. Shoot, why worry about what kind of financial problems you get yourself into, your government will come bail you out....... No, I think it stinks.

My stimulus payment stimulated the Veterinarian and my car dealer (repairs) so I don't think that mine really did much good.

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Doing the right thing isn't always the same as doing the easy thing.

LOL Alli. Mine stimulated bills. And a lunch out w/ the fam @ Golden Corral. That's it.

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"Is God willing to prevent evil, but not able? Then he is not omnipotent. Is he able, but not willing? Then he is malevolent. Is he both able and willing? Then whence cometh evil? Is he neither able nor willing? Then why call him God? " ~Epicurus

I would like to see a pay increase if they are going to continue to raise prices the way they are. It doesnt make any sense to raise prices this way but our pay check stays the same.

steph

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I agree about the pay increase- I was supposed to get one but "there isn't any money". My check just isn't going as far as it used to.

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AKA: Airbornearmywife

It will probably make things worst.
Where is Congress going to get the money? They have 0, so that means the US either borrows it from foreign countries or from the Federal Reserve. Other countries are not so ready to lend the US money. So that leaves the the Federal Reserve which will just create more "money out of thin air".
Which in turn causes more inflation.
Already some people like Jim Sinclair, Jim Rogers, Peter Schiff, Ron Paul and others are saying the US is looking at hyperinflation or inflationary depression very soon.

But, if Congress does give another round of checks..I will use it to buy more gold and silver.

if they do give more money then I will use it to pay bills. I defintely cant use it to stimulate the econmy...lol.

steph

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I had to take a second job this summer just so I could afford school clothes for my two youngest. The perks of this job was we get in the pool at the campground free, so that's a savings of $20 every week. But like everyone, I would rather see a paycheck increase instead of another "package." I personally used that money for bills, and will do the same with this one if its passed.

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Proud Single Mother to 18 year old Twins Ashley/Davey, 14 year old Shawna, 5 year old Emma, and my Boo Bear, "Angel Hope" (1996-1997) RIP Boo.

Well our share (of the first stimulus package) was barely enough for groceries because we "make" so much. *rolls eyes* I assure you we pump more into the dang ecomony that the low income people who recieve the whole amount.

Let's just do a national tax. Do away with income taxes altogether and make everyone pay an equal percentage! Also, get rid of these dang stimulus checks.

I have soooo much more I could say on this topic but as a moderator I will try and remain unbiased so as not to ruffle any of ya'lls feathers!

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I'm not too sure if a pay increase would really help out. If prices keep going up and up and up then there's still less coming in. As with most all wage increases taxes will also be increased sooner or later whether it's local taxes or federal taxes. ( More income means higher tax brackets means paying more taxes ).
I would still like to see a "cap" placed on Oil prices and lower food cost. But this is never going to happen in my life time.

I wouldn't necessarily say only the "low income" received the whole amount. I am pretty sure we received the whole amount, and believe me, we are NOT considered low income. If we are, then we're missing out on Free/Reduced lunches at school, food stamps,WIC, you name it.....we get NONE of it.

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Doing the right thing isn't always the same as doing the easy thing.

I thought every one received the same unless you were over the limit then you got none...300 ind, 600 married couple plus 300 per kid

Chelmo I am with you for a national tax. And yes DH share of taxes is sickening. We are not well off by any means but he does make good money and for that we pay a hefty tax. And I do not feel it is fair that he has so much taken out during the year and we still have to pay a very large amount by April 15. So yes I am all for getting rid of income taxes and everyone paying an equal percentage.

1. I think I would like to recieve my stimulus check part 1 first, before they start talking about number two, we are still waiting because the IRS made a mistake.

2. If they decide to do it again I would REALLY like it if they do it correctly, we have 3 excemptions (2 adults and one 12 year old child) well the IRS forgot to count the child therefore we got screwed out of $300. Their response was I'm sorry we can't fix that problem this year, but next year if we do it again you will get the correct amount, ugh!

3. I would like for them to have adequate staffing for the phone number they put on the paperwork they send out about the economic stimulus check instead of some recording that says we have an overload of calls and no one to answer your question.

4. If they are going to do it, I would just like them to plan a little better.

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I do not want to see another. I do not want money being passed out when we, as a country are already in debt. All it did was cost more in the form of all the personnel hours spent answering the phone for people calling to ask, the paper and envelopes, the postage, the labor with handling, etc. etc.

I got a notice that I would get a check. Then I got a notice that in 4 days I should get a check, then I got the check 3 days after that. The costs associated with the money are considerable.

I do not want to see another.

dl

Forrest, that's what China is for!!! Our own personal bank.

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"Is God willing to prevent evil, but not able? Then he is not omnipotent. Is he able, but not willing? Then he is malevolent. Is he both able and willing? Then whence cometh evil? Is he neither able nor willing? Then why call him God? " ~Epicurus

YOu dont want yours...I will surely take it......SHerri

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"It isn't that liberals are ignorant, it's just that they know so much that isn't so."
- Ronald Reagan

Cindy, I don't think I've ever seen you be anything BUT unbiased. Besides, being unbiased only applies to the board. IMO. For instance, if you were to say "Jaded and Wildwood are nasty women who wear plaid, flannel granny panties and I love Nance the best. " That would be wrong and biased. It would be the truth, but it would be biased.

IMO, being a mod doesn't preclude you from being a participant in the average conversation. I'd love to see you have a vent!

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bite me and get a brain!

I hope you are trying to be funny.

That's exactly why our country is in huge debt. Too many have their hands out and Congress is happy to keep filling and filling and filling.

dl

Technically we won't actually get any economic stimulus check anyway, but it will get credited to what we owe, which in April when I sent my check to them, they told me not to pay the whole amount that the economic stimulus would be creidited to it to pay part of it so I was just to pay part of it.

What I would really like to see, instead of these economic stimulus checks: I would like to see less tax taken out to begin with then we would actually have money to stimulate the economy with (our family). I know people who make way less than us that got tax refunds, the economic stimulus checks and they qualify for the unearned income credit when they do their taxes. They get back waaaaaay more money that they never put in. We get to pay waaaaaaay more money after we pay a bunch of money to start with.

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I didn't want the first one and REALLY don't want a second one. The reason, in part, the dollar is in the tank is we are funding this war through debt. Every other war people have to raise taxes and made sacrifices for the war effort. Well we are making sacrifices through inflation and sky rocketing commodites due to the low dollar. So to solve this, they want to add more debt. We are diggin ourselves deeper and deeper into a hole we are going to have a hard time getting out of. What is even scarier is that our debt is being bought up by countries like China, Saudi Arabia and Russia. They now hold so much of our currency they own us literally and I am sure they have our best interests at heart(cough cough)

Can we ban her? Who do I have to know around here to get that done?

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"Is God willing to prevent evil, but not able? Then he is not omnipotent. Is he able, but not willing? Then he is malevolent. Is he both able and willing? Then whence cometh evil? Is he neither able nor willing? Then why call him God? " ~Epicurus

I agree with that. DH makes, what some call, a large amount of money but since we live in Southern California it doesn't go very far. We could move to another state but then DH wouldn't have a job. Our first check all went as a down payment for a car. DH was driving a F450 before and gas was WAY too much. If they did issue another check we would use it to pay down more CCs. With the economy doing so poorly I want to get us out of debt as soon a possible.

You can't ban her but you CAN ignore her in your user CP. Then you would only see what she has to say if you click on it.

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Calling a illegal alien an "undocumented immigrant" is like calling a drug dealer an "unlicensed pharmacist."

to you missy!


See that? You can ignore me. Well, you can try.

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bite me and get a brain!

I hope it doesn't go through. If we don't have money to give, we shouldn't give it. We should "borrow" anything. I also not for a national tax. Many people would pay MORE taxes if we had a flat national tax (including me) so I don't want to see it. Lots of small businesses wouldn't be able to stay afloat unless they had an exemption for them. I file my biz and individual together and can't imagine the costs if things changed...

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Proud to say I haven't shopped at a Wal-Mart since Sept 2003

Ha. She'd stalk me if I did that.

We're just kidding around. I love Nance to death. She's been a friend of mine forever. don't tell anyone though. I don't people to know.

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"Is God willing to prevent evil, but not able? Then he is not omnipotent. Is he able, but not willing? Then he is malevolent. Is he both able and willing? Then whence cometh evil? Is he neither able nor willing? Then why call him God? " ~Epicurus

What is unearned income credit? I don't think there is such a thing. How do they get back more money than they put in?

Oh it certainly does happen. Part of it is having kids. And yet, the stimulus rewarded the very same thing. Get a deduction for having kids upon filing, now get $300 more per. I know a family with four kids that gets money back over what they actually paid in. He works, she does not. I can't explain it, but I know it happens.

dl

Yep. I sure would!


Feeling's mutual!!

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bite me and get a brain!

Here is an EIC calculator:

Earned Income Credit (EIC) Calculator

Earned income tax credit - Wikipedia, the free encyclopedia

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Doing the right thing isn't always the same as doing the easy thing.

Oh, I got the name wrong, sorry, it's earned income, not unearned income. I always get it mixed up because it's money you really didn't really earn, I always want to call it unearned. Anyway, it's extra money the government gives you back at tax time when you haven't paid that much into it, so you get back a refund of more than the taxes than you actually paid. It happens all the time.

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Yea CHILL YOURSELF.....it was a joke Sherri

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"It isn't that liberals are ignorant, it's just that they know so much that isn't so."
- Ronald Reagan

[quote=fafardsmommy;3021124]I didn't want the first one and REALLY don't want a second one. Then you should have sent it back...like so many others who DIDNT WANT IT!!!!LOLOL Bet you found something to spend it on.....I mean seriously...If you really dont want it...simply dont cash it...and send it back to the government....I am sure they will happily take it back YEa Right....Sherri

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"It isn't that liberals are ignorant, it's just that they know so much that isn't so."
- Ronald Reagan

Our stimulus check stimulated the vet and and the dentist (tooth capped).

As much as I like getting free money, I think Mr. Zandi's proposal seems to be the quickest and most productive temporary solution. But, I'm no economist.

.

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~~~MsMiser

Although we should be saving every penny of it we have been trying to nurture the economy some what by buying miscellanous things at just about every store around us.Things that we don't really need but put a smile on our face.We would be thrilled to get another check and would happily go on another spending spree if that would help things out.
Its nice to have spending money.Its nice to be able to spend money on something other than bills for a change!

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I could say I didnt want it , but then I would be lying !

We paid our taxes with our check and bought groceries.

My hubby even got glasses which he needed, the eye doctor said he is" Blind as a bat"! invisable (tri-focals) , sunglasses and night glare added. Racked up $400.00 in one pair of glasses.
And he has been blind for years now, We haven't even been married for 2 years yet. when he tried them on, I asked him if he wanted a divorce since he knows what I really look like now. The idiot told me I need to pluck a hair from my chin.....! PLUS...... he didnt know I had green eyes. WOW.... he was blind! Would have been nice to hear, "Honey your more beautiful now that I can see you better".


Why do men NOT want to put something on their face to help them to see? lol I hope I stimulated the economy, My money is gone but my house and property taxes are paid for the year. My hubby can finally see . I am a happy camper.

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"Madison AnnMarie " 6/13/2008

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We stimulated the economy. DH and I both got $300 and our boys $100 and then we put the rest in savings. Hah.

My youngest son and I still have not spent our money but I have my eyes on something...

And, no, we do not need or want another check (even though it really was very nice to receive and has been fun to spend!). I'd like to see some other changes happen to help the economy instead.

I was against the first stimulus package and I'd be against a second one. I am also for a flat tax.

Sarah........mom to Jason & Devin

Mine did me no good other than my 2006 taxes were paid off. Great now other major bills are taking that money. My SO did not get one to pay his back taxes. The money needs to get in the hands of the people without restrictions, if I can't get it I can't spend it.

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Laura
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I would just like to see the initial stimulus check. Since my return was amended, I have to wait and wait and wait..... Even though I haven't received it yet, I have already spent it towards a new appliance. Seeing another boost in the works means nothing to me for the moment....JMHO.

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We're off to never never land

So I am sure you didnt cash the first one and will promptly send the second one back......Yea right..people DONT LIKE IT that much!!!!!!!!!!!!Sherri

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"It isn't that liberals are ignorant, it's just that they know so much that isn't so."
- Ronald Reagan

We didn't get one, we make too much. You should see the taxes we pay too, it's disgusting.

She didn't say she didn't like it. She thinks for herself (like I do) and sees it differently from those with their hands constantly out You weren't funny earlier in this thread telling me you would take mine, just as I suspected, you were serious.

We cannot keep taking and taking / giving and giving with this debt the country has. Now congress is working on a bailout package for people who didn't make responsible choices in their lifestyles of homes, cars, vacations, etc the way they spend their money. Now some can't meet their obligations and those of us who have been careful and responsible will once again pay. See sentence one of this paragraph. That's what I don't like.

And I quote...she said....I was against the first stimulus package and I'd be against a second one. I am also for a flat tax.

If she is against it , then I would assume she is doesnt like it....DUH>>>>stop trying to mince words....You people gripe if you get money and gripe if you dont.....And if you are insinuating that I am one of those who are constantly looking for a handout...you are sadly mistaken....I have worked since I was 16 yrs old and God blessed my DH with a good job and I got to stay at home when I had my second child...I have never received any kind of welfare, food stamps, etc.... I think if you dont work, you dont eat!!!!!!! I am sick of Democrats handing welfare out to hundreds of thousands who are perfectly able to work they are just plain lazy...they stay at home and have babies to get more money...and I think its pathetic..Nancy Pelosi and some of her croonies love to give our money to illegals...I never seen anything so pathetic...ANd yes our new DEM. congress is once again bailing people out who got into trouble...I ran up some credit cards some years ago and no one bailed me out...I had to pay them all by myself...

I wouldnt take your money, I dont need it...I was joking..I dont care if you think I was funny or not.....but I was just making a point...you all gripe and carry on about it and are so against these checks, yet you cant wait to get them and cash them.......seems a double standard to me....I dont mind at all that the working class gets an extra check every now and then...but I also think if you dont work, you shouldnt get a stimulus check...But before the Dem's would pass it, congress had to agree to give people who pay NO income tax at least $300....its unreal...and makes no since to me I know there are people who really do need help, the elderly, disabled, and so on....but for these welfare cling on's, something needs to be done...but there wont be....All the working class will continue to pay for them to keep their lazy butts at home......Sherri

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"It isn't that liberals are ignorant, it's just that they know so much that isn't so."
- Ronald Reagan

I stimulated the second half of my property taxes.

I'm not sure what great brains really thought people would blow this money on luxuries when we can't afford gas for our cars to get to work. I am really worried about how I will heat the house this winter with the price of fuel oil.

Even though I am not going to give money back if they give it to me I think this is a dumb idea. It's like us all putting money on the credit card and expecting our grandkids to pay for it.

I am for lowering the interest rate and setting some kind of "greed" profit cap on things like oil and food. We need prices and wages to be in a permanent state of liveability for lack of a better term. We need affordable housing, living wage jobs, lower food and fuel and utility prices. We need jobs back in this country, pride in workmanship and making things so they last (like they did before planned obsolescence came into play)
Planned Obsolescence

Sorry to get even deeper and a bit off the track (but not really if you follow me) we need to get back to "our roots". We need to stop idolizing consumerism, disposable products and throw away people. We need to get back to what is important that is the relationships we create with those around us. The most important thing in life on Earth is our interaction with others not how much money, how big a house, what kind of fancy car, etc.
What happened to being proud of somehting you make, grow, sew, or do yourself?
What happened to working hard to make a living? Some of it is the fault of the economy, the government, the greedy SOBs who profit from our gullibility.
A lot of it is us. We buy and charge and throw away like there is no tomorrow. Maybe if we change our habits and our way of thinking and just put up with a couple of years of hardships we won't need this money that our kids and grandkids will be paying for.

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The political system is broke and it's a joke.

Funny, I'm reading "The Millionaire Next Door" and it is touching on this.....just started reading this part, so don't have all the info., but, basically, it says the Gov't LOVES the millionaires, and more so, the millionaires that live that millionaire life style. They buy the million dollar homes, so they HAVE to make that much money, and therefore get taxed. It's the "millionaires" that don't live that life, put money in tax shelters, etc, that they don't like. It seems to along with this line of thinking.

We are SUCH a greedy society, and I think we were groomed that way.

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Doing the right thing isn't always the same as doing the easy thing.

This country has more money than you think. If they have money to give away from grants to people who squander the money instead of paying their bills or starting their business then they can get themselves out of debt and can afford to spread the money around. I think that the people running this country need to go back to their roots and maybe possible speak to the parents and grandparents to get the back when I was this age story. Instead they have their heads so far up the drug companiy and the gas gurus back side they can't see the darn light of day and they definatly do not know where we the American public that struggles to make ends meet because we make a dollar to much a month are coming from. They have no clue what this country is about anymore except for the drug companies and the gas giants. JMHOP but that is what it is.

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