Hey, the rich have had 8 years of welfare from the Bush administration. Especially the rate-cut bailouts that we are all paying for via inflation.
If you want to stimulate the economy the best way is from the bottom up. Poor people spend money in their local economy. Its one of the reasons they are poor, after all!
Rich people are more likely to invest it overseas or in a hedge fund, where its not going to do anyone here any good (except them).
Re: Poor people and credit cards and IO loans. Who do you think is collecting the interest from those?