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05.30.2008 7:38 pm

What are you doing with your economic stimulus check?

St. Louis Post-Dispatch
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The Associated Press is reporting that many Americans are using their economic stimulus checks to pay for day-to-day necessities as they get squeezed by rising prices of fuel and food. Economist say if this trend holds true, the economy won’t benefit from the $600-a-person checks as the government had hoped. What are you doing with your economic stimulus check?

29 comments

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I paid too much in taxes to get a stimilus check so that others may benefit from one. You’re welcome!

— Carol
9:39 pm May 30th, 2008

We will go on another vacation.

— momama
11:26 pm May 30th, 2008

A better question would be, “How many people who complain about the stimulus checks being given out are going to send theirs back or give it to charity?”

— Renee
3:37 am May 31st, 2008

I have no idea what my ex is going to do with it.

— DD
4:03 am May 31st, 2008

I sent it back and told them that I wanted to be paid in Euros.

— Kenrick
7:52 am May 31st, 2008

Like Çarol, I didn’t qualify for one, either. This is just another example of the “soak the rich”, class warfare that we have in America today. And you didn’t have to be that rich to be disqualified.I am not whining because this will cause me to do without something I can’t afford, its just the principle of creating special classes. This country is doing its best to kill its golden goose. A flat tax would fix the country in a few months.

— flyover
8:38 am May 31st, 2008

I guess it will remain a mystery since we haven’t recieved it yet.

— Gina
9:48 am May 31st, 2008

I took my small profits as capital gains last year, so this poor little remodeler who is shoring up hoods that DC has abandoned does not get a gov’ment smoke and mirrors check. Most folks will be surprised to see they must pay taxes on the booby gains next year though…so save some folks! The whole check boondoggle reminds me of how much GB resembles the area that rests in the back of your pants. Vote right this time! I kind of like this country, even with its many flaws and it looks too hard to write chinese.

— Slugger
12:24 pm May 31st, 2008

Being one of the unfortunates with a SS number ending in the high numbers, we won’t see anything until about the 4th of July, if there is any money left.
We didn’t get one the last time (not enough income) and having been to the IRS site and tried to determine if we are eligible and failing (they only tell you how if you file a genuine 1040, and we don’t) I guess we’ll see if and/or when we get one.

The question is: why do purchasing fuel and food not contribute to the economy? And, did the prices skyrocket because retailers were drooling? If so, the whole thing is a wash, or a negative impact on the economy.

Who makes any hard goods in the USA anyway? It’s not enough to buy a car.

— Teresa
2:46 pm May 31st, 2008

Ours got direct deposited the middle of May. We had planned on going on a vacation this summer (we’re retired), but we spent three weeks out of town helping my wife’s 95 year-old mother move from an apartment into an assisted living place. It costs just as much to go someplace like that (motel and food, plus gas) as to go someplace fun. I guess our ’stimulus check’ will pay for that.

It would be worth it if she liked the place (which is new and beautiful), but she doesn’t. We doubt she would be happy anyplace.

Oh well…….at least we got ’stimulated’ by the government.

— unpaidbill
3:09 pm May 31st, 2008

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