Friday, January 18, 2008

tax break

sounds like we're all getting checks (unless there's an income limit put in place) from the government this year -- in an effort to stave off recession. last i heard it was something like $400 per person, but could be higher, depending on what comes out of congress.

the idea behind it is that since we as americans spend every penny that comes our way and then some (we had a negative savings rate last year, if i'm not mistaken), and this would stimulate the economy and get money moving around.

i'm not an economist, but i'm all for getting more money.

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