Comments on: Reader Comment: We Need a Second Stimulus Check

By: james

james — Sun, 08 Mar 2009 01:11:26 +0000

LOL. You all voted him into office and wanted “CHANGE”. You got your “CHANGE”. How do you like them apples? Oh yeah….What’s his motto? “YES WE CAN”! And he’s only been in office for 45 days! Just wait………

By: Ryan

Ryan — Wed, 28 Jan 2009 13:06:20 +0000

LOL. Paul, that has got to be the funniest thing I’ve read in a long time. Thanks.

By: Paul Smarjesse

Paul Smarjesse — Wed, 28 Jan 2009 04:35:04 +0000

I’m doing my 2008 taxes and realized what the hell are we paying taxes for. The U.S. is a bank and in 2008 I got a bad loan, you got to read that page with the truth in lending statement.

By: Robin Weeks

Robin Weeks — Mon, 17 Nov 2008 22:36:03 +0000

Do you mean we will be paying back on the paymeant,how about the frist check. please email me.

Thank you.

By: Rick Anderson

Rick Anderson — Tue, 21 Oct 2008 11:37:28 +0000

Stimulus check? YES! $700 billion to bail out financial corp. WOW!!! $1 million to each tax-payer? About….$80 to$100 million….drop in the bucket!!!!

By: Ryan

Ryan — Mon, 01 Sep 2008 21:02:35 +0000

Hi jrthekid,

Have a great time in Vegas! Spending money out there will stimulate the economy, and if you win at the casinos, even better.

As for a second economic stimulus check, it would certainly help people, but I will stand by my opinion that it is only a temporary fix.

Based on Obama’s plan outlined above, the math doesn’t make sense. Obama plans to make these tax cuts permanent, but his plan is to pay for the first year’s worth of permanent tax cuts over a 5 year period. If it takes 5 years to pay for the first year of tax cuts, how will future years be paid? He also doesn’t specify where the other $50B would come from that his plan calls to use to improve roads, schools, and bridges.

In this article, Reader Comment: We Need a Second Stimulus Check, I went on to discuss how additional taxes on oil companies will hurt everyone, including consumers at all levels (and not just of oil, but products containing petroleum, and items that require shipping). In addition, this would hurt anyone that holds stock in the oil companies – which is just about everyone in the US that own a mutual fund or 401(k) plan, including many state and government pension plans.

Yes, a second stimulus check would let you make the decision of where your money is spent, but it doesn’t let you make the decision of how, when, or how much you have to pay back, nor does it allow you to make a decision about how it would affect other people, their retirement funds, investments, etc.

I respect your opinion, but I think this plan is a short sided view by Obama’s campaign and is designed to get votes – not help people. $500 is not enough to sway my vote – especially when we may have to be paid back 10 fold.

By: jrthekid

jrthekid — Thu, 28 Aug 2008 14:18:08 +0000

I’m about to spend my first stimulus check in Vegas on labor day weekend. A second stimulus check would be awesome. Finally something I like about Obama and probably the only thing I ever will like about him. For the most part I ignore politics and economics, but extra cash in my hand is a good thing. It lets me make the decision about what to do with it whether it be to invest it in stocks, donate it to charity, or spend it in Vegas. The point is it helps ME and lets ME make the decision of where the money is spent.

By: Ryan

Ryan — Thu, 14 Aug 2008 04:23:02 +0000

Miranda,

I couldn’t have written it better. I’m especially in favor of sponsoring green energy campaigns and finding ways to reduce our reliance on oil. We have enough solar and wind energy capacity to fuel the majority of our country. We just lack the infrastructure to make it happen.

Like you, I would also rather look for long term solutions instead of short term, “feel good” measures.