ChefJune
Master Chef
I'm glad ours will be done by direct deposit. I don't want to wait until July 11 for it to be mailed.
Barbara
I'm with you... my Mailing Date would have been June 27th... Peh!
I'm glad ours will be done by direct deposit. I don't want to wait until July 11 for it to be mailed.
Barbara
I'm with you... my Mailing Date would have been June 27th... Peh!
Will you stimulate the economy or save it or both? We'll be saving half and using the other half to put new tile in our downstairs bathroom. Of course, our check will be mailed and we're at the end of the list, so we won't get ours until July & some of our friends make too much and don't even qualify (must be nice). How about you?
This is not completely true. It just means that the banks have more money available to lend. It does not mean that that money WILL be lent. Putting it in the bank does not stimulate the economy the way spending it does.Technically, if you put it in the bank you are still stimulating the economy because you are putting it where banks have access to loan it out to others. It is a myth to say that saving your money in a bank is hording it and preventing it from entering the economy. Unless, of course, you stuff it under your mattress.
Believe me, if the government wants it, they will get it anyway. Years ago my mom and dad received some money from the IRS that was not theirs ($250 I think). They told the IRS they weren't supposed to have the money and wanted to know what to do, but they never got a response. Then one day $250 plus a fine were deducted from my mom and dad's bank account! This was before [a very few] people were able to fight the IRS and sometimes win. As I said, if they want it, they will get it....Actually I would have liked direct deposit but DW is very paranoid when it comes to the US Government. Must be her Canadian background there, LOL.
I can't remember what we decided to do with it, except we're saving part of it. The rest will probably go in the vacation fund - we're hoping to do a big trip to Europe next year for our 25th anniversary. Visit former exchange students in Germany (one will be graduating from high school), then go to Italy, maybe.
You got that right, June - pandering is more like it. I heard a suggestion on the radio that the gov't should have used it to build/repair infrastructure. That would stimulate the construction economy *and* get something useful done.
I know what you mean!At this rate: A tank of gas and two weeks of groceries!