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saving tax rebate check defeats their purpose
dabirdman
follow
2
5-11-2008 11:38 PM
175 views
tags:
us recession
,
us economy
,
tax refunds
,
tax rebates
dabirdman
says:
some people are putting their tax rebate checks into their savings and this won't help boost the economy.
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/f66c9826-6560-4b1b-88d0-8d71ecd46c50/6BDDDA53-3113-4903-8E88-325A6AB30E06/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.yahoo.com/s/ap/20080511/ap_on_bi_ge/wall_street_week_ahead" href="http://news.yahoo.com/s/ap/20080511/ap_on_bi_ge/wall_street_week_ahead" style="font-size: 11px;">news.yahoo.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20080511/ap_on_bi_ge/wall_street_week_ahead"><P> NEW YORK - With millions of stimulus checks going out to taxpayers, <SPAN id="lw_1210540748_0" class="yshortcuts">Wall Street</SPAN> wants to know where that money will be spent — and this week's data could help investors gauge the mind-set of the average consumer. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20080511/ap_on_bi_ge/wall_street_week_ahead">Tax rebates have historically been helpful in boosting the economy, but they only really work if they're used to buy goods and services. With many consumers weighed down by debt and saving up to keep up with the cost of basic necessities, some market experts are concerned that what's best for most individuals — saving their rebates — might not end up helping the broader economy.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/6BDDDA53-3113-4903-8E88-325A6AB30E06/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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