This article was last updated on April 1
With the government hoping people will spend a majority of the $350 billion dollars allocated towards stimulus checks, they may be concerned with the way a number of folks are just going to save the stimulus payment. What I found interesting was how the various folks responded in line with the the stereotype for their gender, race and background.
From a personal standpoint, I think the stimulus is going to have a limited effect and it will most likely benefit corporate America the most as people spend on services, merchandise or just repay debts. Realistically $1200 or $2400 is not going to save people in financial distress or dramatically change someones life. It is almost like the government has said we don’t know how to effectively spend taxpayers money to save the economy so let them decide for themselves. So I ask you, what is the need for those high paid decision makers?