The government wants to send us all money to stimulate the economy. Again.
I'm thinking if the average American family gets a check from anyone right now, they are going to spend it on the electric bill or groceries and gas, which will not really stimulate the economy. I think to actually stimulate the economy the government would somehow want the average American family to go out and buy "durable goods" like a new washing machine, refrigerator or American automobile or a house or something large and expensive like that, maybe some nice American stocks. If people purchased the large expensive items like a car or a refrigerator it might stimulate the economy, but if they save it for when they loose their jobs and/or buy dumb stuff like food and pay the electric bill I don't think it will stimulate the economy.
Right now the Christmas season is not looking to good for most retail chains, because of the bad economy it looks like the average American family will not spend a lot of money on expensive toys and gifts. Considering that most those expensive toys and gifts are produced in China and covered in lead-based paint which the Chinese are trying to kill us with, in the long term I would consider that a good thing. However, most retail chains would like the government to send everyone money that they can spend on Christmas gifts and useless items that have nothing to do with our day to day needs. So, I'm thinking the current stimulus package is backed by the retail sector, which is really the only one that stands to gain by another round of checks timed to arrive just in time for the Christmas season.
On a side note:
I was talking to a guy that was born in China and lived most of his life outside of the United States. He and his family had just moved here from Canada and we were talking about the political system and process here in the United States. I commented that as the election gets closer if the Republicans are not doing well then gas prices will be go down, but if the Republicans are doing well they will stay at around $4 a gallon, which is where they were when we had the conversation. Well guess what, gas prices are around $3 a gallon. I wonder how the election is going for the Republicans?
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