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kba4

join:2001-10-23
Akron, OH
·RoadRunner Cable

'economic stimulus' check

So I got my lovely consolation prize from the IRS today. I have direct deposit so I got it sooner than the USPS can deliver it to others. But I was wondering, does anyone here actually believe that these 'rebates' will do anything for the economy? Personally, I got $600, and am counting on it paying my bills which are auto-deducted from my checking each month. In the meantime, I suppose I feel 'richer' but the more I think about it, the more I feel like I'm on some government assistance program 'one month trial' or something. I wonder how many others will actually spend the money 'stimulating the economy' as suggested by the refund's intent.
--
when will these humans realize their insignifigance in the universe?


caddyroger
Premium
join:2001-06-11
Graham, WA
I'm planning buying a Yamaha RX-V2700 av receiver with mine.
--
Caddy

Corydon
Cultivant son jardin
Premium
join:2008-02-18
Denver, CO
clubs:
·Comcast

reply to kba4
I just got mine today by direct deposit.

$550 going to almost completely paying off my credit card.

$50 to hang on to for a little extra spending money.

Plus it's payday on Friday!
--
My opinions are my own. No-one else would want them!


Greg_Z
Premium
join:2001-08-08
Springfield, IL
reply to kba4
It paid off some bills for the $1200 we got. So, I would say that economically, my wife & I are breathing a little easier this week.


McSummation
Mmmm, Zeebas Are Tastee.
Premium,MVM
join:2003-08-13
Round Rock, TX
reply to kba4
When mine comes in next week (?), it will partially offset the $3200 repair bill for my A/C unit that's sprung a leak.


cocothebean
You Are My Nightmare
Premium
join:2002-11-16
Carson City, NV

edit:
May 6th, @10:49PM

reply to kba4
We're going to Disneyland, Knotts Berry Farm, and Universal Studios in LA.
Hopefully a small percentage will stay in the U.S.A.!!!
I got $1800!!!


Warzau
Premium
join:2000-10-26
Naperville, IL
clubs:

said by cocothebean See Profile :

I got $1800!!!

Same here.


Stimuate Me

@railsmachina.com


from:
tcope See Profile
FiL See Profile

reply to kba4
said by kba4 See Profile :

I wonder how many others will actually spend the money 'stimulating the economy' as suggested by the refund's intent.
Actually, if you think about it, the prudent thing to do with any "extra" income you receive when times are bad would be to save it, not spend it.

I long-ago stopped taking any financial advice from the federal government. I figured that taking advice from anyone who's $9 trillion dollars in the hole would be like taking financial advice from the town drunk.


kba4

join:2001-10-23
Akron, OH
well remember who's idea this was and it's easy to see how we're being advised!
--
when will these humans realize their insignifigance in the universe?


kruser
Premium
join:2002-06-01
Chesterfield, MO
clubs:
·AT&T Southwest

reply to kba4
What are the last two of your social?
I'm in the middle group as well and nothing for me yet.

My last two are between 50 and 55.

I doubt I'll feel richer. The money will most likely sit in the bank as I really do not have plans to just go blow it on something nor do I need it to pay off bills.


kba4

join:2001-10-23
Akron, OH
70

I heard that the first week would be 0x-5x but maybe that was wrong.
--
when will these humans realize their insignifigance in the universe?


kruser
Premium
join:2002-06-01
Chesterfield, MO
clubs:
·AT&T Southwest

said by kba4 See Profile :

70

I heard that the first week would be 0x-5x but maybe that was wrong.
Hmm - I heard that the first week was 00 - 25 and the second week was 26 - 75 and the final week 76 - 99.
The irs.gov website says the same I think. I always wondered why the middle group was bigger then the first and last group.

Oh well, thanks for your reply and I'll kick back and await mine!


cocothebean
You Are My Nightmare
Premium
join:2002-11-16
Carson City, NV
·Charter Pipeline

said by kruser See Profile :

said by kba4 See Profile :

70

I heard that the first week would be 0x-5x but maybe that was wrong.
Hmm - I heard that the first week was 00 - 25 and the second week was 26 - 75 and the final week 76 - 99.
Then the mail-ins start getting mailed out!
Mail-ins should be here around September or October knowing how the government works!!!
Look at it this way, I'll be broke by the time you get yours!!!


kruser
Premium
join:2002-06-01
Chesterfield, MO
clubs:
·AT&T Southwest

said by cocothebean See Profile :

said by kruser See Profile :

said by kba4 See Profile :

70

I heard that the first week would be 0x-5x but maybe that was wrong.
Hmm - I heard that the first week was 00 - 25 and the second week was 26 - 75 and the final week 76 - 99.
Then the mail-ins start getting mailed out!
Mail-ins should be here around September or October knowing how the government works!!!
Look at it this way, I'll be broke by the time you get yours!!!

Crap, I expect mine in the next day or two so I hope you don't go broke that darn quick!


Wily_One
Premium
join:2002-11-24
San Jose, CA
·Pacific Bell - SBC

reply to kba4
said by kba4 See Profile :

...does anyone here actually believe that these 'rebates' will do anything for the economy?
Yes, actually. You're thinking "it's only $600." But multiply that by the millions that are receiving this. Some will save it, more will pay bills with it, but mostly people will spend it. And our economy, for better or worse, is driven by consumer spending.

So will it have an effect? Yes. Is it a permanent solution? No, nor is it meant to be. This is just a little shot in the arm.

»www.usatoday.com/money/economy/2···us_N.htm


RX9735
Premium
join:2002-09-06
Oklahoma City, OK

reply to kba4
I think I got screwed. My wife and I filed together and we only got $600.00. I was under the impression that we would get $1,200. Thank God I didn't spend it ahead of time. We are going to save half and slowly spend the other half on clothes, oil change, eating out...


Rob
In Deo speramus
Premium
join:2001-08-25
Kendall, FL
·Comcast

said by RX9735 See Profile :

I think I got screwed. My wife and I filed together and we only got $600.00. I was under the impression that we would get $1,200. Thank God I didn't spend it ahead of time. We are going to save half and slowly spend the other half on clothes, oil change, eating out...
There's a calculator here that can help you estimate your amount:

»www.irs.gov/app/espc/


phantasm11b
Premium
join:2007-11-02
Cocoa, FL

reply to cocothebean
said by cocothebean See Profile :

We're going to Disneyland, Knotts Berry Farm, and Universal Studios in LA.
Hopefully a small percentage will stay in the U.S.A.!!!
I got $1800!!!
I'm expecting $1500. Havent seen it yet though even though we were supposed to get it by now.

BoulderHill1

join:2004-07-15
Montgomery, IL
reply to kba4
I got 1200 depositied in my account last friday may 2nd.

I using it as it was intended for, to be spent, not paying existing bills but new purchases.

Already spent it all!!

mckenna797

join:2004-08-25
Astoria, NY
I got 600 on May 2 and my Wife and I our going to Atlantic city and gaamble
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