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Originally Posted by nupe10123
The entire point of the rebate is to stimulate spending and hence the economy. The more people who live with the WalmartNation mindset, the bigger the impact to the econmy. I don't disagree that this is in part just political window dressing, but if done right can be the kick the economy needs.
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Even if half the population qualified for the whole amount - assume 150 million people x $1,800 = $270M
I don't see how this drop in the ocean will kick start anything.
More smoke and mirrors.........
(FWIW U.S. daily spending in Iraq for end of 2007 was over $270 million)