Second Stimlus: Will it really make a difference?

@sumpter (214)
United States
September 5, 2008 4:27pm CST
Congress is considering a second stimiulus for the country in the coming weeks. Is this the boost we need to get this country back on track, or just a band aid for a much larger problem? What do you all think?
5 responses
@xParanoiax (6987)
• United States
6 Sep 08
Speaking as a person who's on the line between poor and middle class let me be frank: It's a band-aid. The first one was a band-aid, and the second one would be a band-aid. But it did help my family. It won't help the economy at all, mind you, but it may help several people. So, yes, it's stupid. It won't actually help in the way they say it will. But I won't say, "Noooo don't give regular folks free money". I know it doesn't change the metaphor I use for it. "Putting a little pink adhesive bandage over a large gaping wound." It's not a boost, because it does nothing to fix the bare-bones of what's WRONG. And what's wrong..my, what a list, heh.
• United States
7 Sep 08
I know what should be done (harrowing and tiresome as that list is, lol)...but what regular people can do...*winces* All they..we, can do is try to survive. Try to weather this storm that all of our supposed leaders helped create. We won't find much help from our leaders, the big companies...so we're basically on our own. That doesn't make it a horrible thing though -- because at it's core, the economy is the people. We can create our own businesses to fill the needs of our particular areas. If we help eachother to survive, then the future looks definitely weather-able heh.
@sumpter (214)
• United States
7 Sep 08
I am sure if you put your list on here it would go on for ages, and I am also sure much of what would be on your list would be on my list as well. I would consider myself in the same category as you and frankly its hard. I just heard that the government is going to bail our fannie mae and freddie mac. I just do not know what to do anymore about this crumbling economy.
@sumpter (214)
• United States
8 Sep 08
Amen to that.
@newtondak (3946)
• United States
7 Sep 08
While it would be very nice to receive - I don't think that it will help the economy. The amounts given rarely even help with the debts that people already owe - they are generally spent on paying bills, not making new purchases.
@newtondak (3946)
• United States
8 Sep 08
Maybe they should bail out all of the people who are losing their homes instead - wouldn't that help those companies as well?
@sumpter (214)
• United States
8 Sep 08
It will not help the economy, but the people need something you know. This type of situation requires some out of the box thinking. It just saddens me to see the government bailing out Fannie Mae and Freddie Mac. The American people need to bailed out and $300 wasn't going to do the trick!
@irishidid (8687)
• United States
5 Sep 08
Getting free money is fun, but it does not solve any problems except for someone wanting to go shopping.
@sumpter (214)
• United States
7 Sep 08
Lords knows I just wanted to do a little shopping with my money but that did not happen. Had bills to pay and I don't think I was alone in that. So many people had bills to pay, and that check did not even put a dent in my bills. I wonder how many other people are in the same boat as me?
@irishidid (8687)
• United States
7 Sep 08
I ended up spending mine on my car that a month later was totaled in an accident. Go figure.
@ZephyrSun (7381)
• United States
6 Sep 08
I remember Bush saying it was working (the first time) then the numbers came out and sales were up blah blah blah. I know it's nice to have the money when times are bad, but I don't think it helped long term. Take me for example, we got a good amount, but it all went towards paying my son's medical bills. I'm married with two kids, (I actually have 3 but can only claim 2 since I allow my ex husband to claim one). How many other people did the same thing I did? I wonder if a good number since there are so many people tettering on foreclosure and whatnot.
@ZephyrSun (7381)
• United States
7 Sep 08
I can understand that completely. Our Health insurance, if you can actually call it that, is Bush's wonderful Health Savings Plan, and having a child with autism the medical bills kill our income as well.
@sumpter (214)
• United States
7 Sep 08
I am sure many people did what you did, and you know what I don't blame y'all. In today's country, we have to do what is best for our families. I wish I could have had a chance like that, but as a single man, Uncle Sam does not think I need any of those types of credits. Its hard and I am struggling, even though my salary would suggest I shouldn't be. After taxes, bill, and student loans I feel dirt poor. It like you need to make above 100,000 just to keep ya head above water.
@tiff1984 (385)
• United States
5 Sep 08
I don't know if it will get us back on track or not but I do know I hope they do a better job sending the checks out this time. With the first one I didn't get the child credit for my son and had to spend two hours straight on the phone on hold to have someone from IRS tell me they made a mistake and overlooked a lot of kids and that my check would be on the way soon. It was supposed to be here at the end of July . . . no check yet!
@xfahctor (14118)
• Lancaster, New Hampshire
5 Sep 08
you actualy expected efficency from these guys?
@sumpter (214)
• United States
7 Sep 08
Wow, I read this report that gave the IRS hight marks for how efficient they conducted the stimulus checks. I also heard from people like you whose checks got screwed up by the bureacracy. I am sorry to hear that you still haven't recieved yours. I ended up owing this year so all I got was a letter saying I wasn't getting anything, first time that happened.