Feb 26
John Lewis’ the Economic Stimulus Act of 2008 reminded me why Congress’ recent approval rating is hovering in the 20s. The vast majority of people are going to spend their $300, $600 or $1200 check paying monthly bills, paying down debt, saving it or buying something that isn’t even manufactured in the United States. How does this stimulate the economy? No doubt these checks will be extremely helpful to individuals and their families, but I don’t see them creating jobs (except at BigBoxRetailers).
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