Comments on: Do we really Need a Second Stimulus Check or New Stimulus Package?

By: Tony D'Alena

Tony D'Alena — Fri, 21 Nov 2008 19:56:58 +0000

Now that the American tax payers have bailed out the banks and wall street, the banks are raising the rates on bank servives and crdit cards. I guess that shouldn’t be a surprise to anyone, greed never goes bellyup!

By: RC

RC — Wed, 19 Nov 2008 02:54:10 +0000

@BoPeep- Great idea! I’d love to get the money I’ve put in to SS and invest it on my own!

By: BoPeep

BoPeep — Tue, 18 Nov 2008 14:17:04 +0000

What I really want, and I’m serious, is all the $$ I’ve paid into social security since I started working. Why should it be given to lazy SOB’s who choose not to work? I’m with RC, I’d like a check for $450k……………………………..

By: RC

RC — Sun, 16 Nov 2008 15:33:37 +0000

@lea anne- I don’t disagree that money to stimulate the economy should go to the people- but I am concerned about what it will cost us all in both the short and long term. – I wouldn’t mind a check for $450k, though- although I doubt that will happen

By: lea anne

lea anne — Fri, 14 Nov 2008 17:45:11 +0000

i think the government would be wiser by giving each person 18+ 450,000 stimulus payment. Right off of the top, tax it so roughly the government would take back 170,000. At that point, the economy would certainly be stimulated. Mortages would be paid off, houses would be bought, cars would be bought, credit cards would be paid off. And most importantly, since we the tax payers are paying for this deal—we would directly benefit from it. We would stop the gurus of GE, and AIG, etc from taking trips around the world while the company crumbles–o no it won’t crumble because the Government will save us. That is why I think that the money that is being taken from the people should go directly to the people. We won’t see the benefits from the monies given to these credit companies for a long time. Meanwhile, they have no worries.

By: Details of Obama’s Proposal for a Second Stimulus Package | Think Your Way to Wealth

Fri, 07 Nov 2008 12:08:29 +0000

[...] trying to get a second stimulus package passed before Christmas, which could potentially include a second stimulus check. While nothing is certain yet, I imagine it is likely that president-elect Obama will have an [...]

By: Carnival of Personal Finance No. 177

Carnival of Personal Finance No. 177 — Mon, 03 Nov 2008 14:37:53 +0000

[...] RC from Think Your Way To Wealth asks Do We Really Need a Second Stimulus Check or New Stimulus Package? [...]

By: navy wife

navy wife — Thu, 30 Oct 2008 06:57:16 +0000

and serioiusly helping out banks for home owners does not help middle class with bills or putting food on the table i think they should help all people out not just home owners or big banks we the people are having money issues which cause the banks to have issues so the people need the money not the banks .

By: RC

RC — Thu, 30 Oct 2008 03:00:44 +0000

@ Vicki, Jessica, and Navy wife:

I do understand that another stimulus check could help a lot of people in need. (Although having read more on the proposal, it is not clear if it would include a check to individuals like last time). I hope that whatever they do, they consider the ramifications -i.e., will they have to raise taxes or will inflation increase? This could cause our cash flow to decrease (taxes) or buying power to decrease (inflation). I think the important thing for individuals and families to do is to do as much as they can to better their situation financially to make it through these tough times.

By: navy wife

navy wife — Thu, 30 Oct 2008 00:55:10 +0000

Yes, we need it i am a military wife and we are having a hard time paying bills i recently had to quit my job bc of my husbands work hours there is not much relief on bills and working only provides childcare and the food prices has seemed to of went up this past week seems that the new health care plan for employers to offer health packages has raised the food cost early i went to buy some bread at walmart it went up 65 cents in a week. gas has went down but the money for the new health programs seems to be coming from food cost. I think they should freeze everyones bils for 6 months and give us all time to save alittle to get ahead. Kind sad when you work all the time and still behind in bills. Almost seems better to live off the government programs these days. the last stimulas check did not seem to be correct on what was said we would get back. So YEs we could use the money. thank you and god bless all.

By: jessica

jessica — Sat, 25 Oct 2008 16:41:34 +0000

i have to agree, the people who state its free money and who use it for meaningless things and how its going to raise taxes ,, blah blah , you dont think the people who work and pay taxes as well who dont make the higher wages and are just trying to make it dont need it ? we have put in to the taxes and work just like everyone else .why not look at it on how to help our fellow AMERICANS who truely need it rather then poor you and YOU may have to pay more .. i see it as we all have to pay in to it . the country was not built on mine mine mine , or i did this or i do that it was built on a nation for all . most seem to forget about the ones who need it the most . i pay my share on payments for a car so i can work i pay higher gas prices i pay higher food bills , field trips for the school , how ever im sure i make less then most complaining about higher taxes. i pay them every time i go to the store just as you do . im no diffrent then anyone else except the fact i make 11 an hour wooohoo yea make it on that …

mother of 4 makeing it barely .

By: vicki rutledge

vicki rutledge — Fri, 24 Oct 2008 02:07:55 +0000

Aboustley we need another stimulus check.Look how many people have lost thier jobs and having thier homes forecloused,alot of people are trying to live in thier cars,children are going to bed hungrary and cold. Just think what it would mean, people could fill up thier gas and kerosene and keep thier family warm another month without worrying thierself to death,They might could get food for thier family for another month also.Once again let the people that live on 10,000-20,000 dollars a year have a break. I DON’T know anybody that has it as good as JOE THE PLUMMER wish I had his promblem making over $250.000.00 a year and think my taxes would be raise a little.If I MADE THAT MUCH I WOULD BE GLAD TO PAY A LITTLE MORE!!!!!!!!!!When they talk about middle class they describe $4o,ooo-$50,000. they forget a lot of people live on alot less than that. Don,t forget how they raise the gas prices and food and we can,t GET minimun wage raised,I WISH BUSH OR HOWARD COBLE HAD TO LIVE ON MINIMUN WAGE AND SEE IF THEY COULD LIVE ON IT!!!!!!!!!SOJUST THINK WHAT A STIMULUS CHECK WOULD MEAN TO PEOPLE BEFORE THE END OF THE YEAR.We could possibly keep our children from freezing or starving and possibility get them a Chrismas gift!!!!!!!!!!