I’ve speculated previously about what the (non-)impact of the “economic stimulus” rebate checks might be this spring.
Either the economy really is worse than the GOP would like us to believe, or I’m too much of a cynic, if this Los Angeles Times story is to be believed:
Only 18% of respondents to the national poll said they intended to spend the money they will receive later this year from the federal government as part of an effort to inject cash into the sputtering economy. By contrast, 34% said they intended to save it and 31% intended to use it to pay existing debts. The rest thought that they either were not eligible for a rebate, would spend some and save some, would do “something else” with it or weren’t sure what they would do.