Does the U.S. Government really think that $1200 in each taxpayer's hand will really jump start the economy? Where do you think the money is going to go? Here is my guess:
1. Gas tank - where all our money is going lately;
2. Savings account;
3. Mortgage payment (ok, half or 1/3 a mortgage payment);
4. Food;
5. Credit card or car payment.
That's about it. I don't think it's going to big screen TVs, iPods or auto sales or anything. Where are you going to spend your check?
I doubt I'll get anything like $1,200. But it will go to pay off debt.
ReplyDelete