Hey, I made barely over $75k when I lived in SD and let me tell you, I really felt “low income”.
Yes, kewp, giving the money to the low income folks tends to have a more immediate impact on the economy. Didn’t we all learn that in lower division Economics courses… money mulitiplier anyone?
Kev374, I think you’re missing the real point. The goverment isn’t “*stealing* from those who strive to save their money”. You aren’t paying for this! This is all debt financed, baby! Our children will be footing the bill on this one.
What the hell is the matter with our country?! Deficit funded rebates to the poor & 75 basis point cuts in Fed Funds rates in one week? The government is telling us all to ignore the inevitable down-turn & borrow more money!!
I’m no economist, but exactly how long can we support an entire economy on debt spending? How has a typically non-mainstream guy like Ron Paul become a voice of reason in this consumer debt-driven madness?