This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replying the story in its archived form does not constitute a re-publiccation of the story.Now that we know about how much each of us should get with the new government stimulus package, what happens? The plan is - according to the experts - by giving us a little at a time we'll spend it!!! The single check form of stimulus money from last year only helped the economy for a little while. Most people, it seems, used that cash to either pay down debt or just buy gasoline since prices then were so high.
This time, the best guestimate is folks should see about $13 a week more in their takehome pay. Will you go out to lunch more? Take the family to dinner an extra time each month? Maybe use cash instead of credit a little more? Or will you even notice the extra in your check and just spend it on life?
I know what I'd like to do with the extra - have them keep it so I don't own the Feds so much at tax time next year!!! April 15th will be painful this year!!! But I probably won't. I'll probably just spend it on life....which should stimulate the economy which is the whole point, isn't it?
What do you think?
We want to hear from you! Take five seconds to join ToastedRav.com or log in.