Fix the Economy By…Spending More

Not too long ago (last week), I mentioned that a $500 tax rebate idea for stimulating the economy was getting kicked around. That idea has been modified to a tax rebate in different amounts for different people, and is expected to be one of the points of a Bush economic plan. And it will probably work.
The government wants us to spend more money, and is willing to give it to us to spend (it builds “confidence” in the market, you see). And, as Americans, we usually do spend the money. Less than half of Americans with a significant tax refund …read more