How can it stimulate the economy if we spend it all on Chinese made Wal-Mart crap anyway? Your service worker at Wal-Mart will still get the same paycheck; Wal-Mart will get a tiny bit more profit; and the Chinese manufacturer will be employing more people to manufacture more crap.
How about take the same amount of money for the same people and have them designate which credit card they wish the government send the money to? And if the citizen has no credit card debt, THEN, they'd get it in cash to spend on utilities, mortgage, etc...
Can we please stop buying so much overseas crap!!!?
Whoops,
Sorry.
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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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