Comments on: Economic Stimulus Spending: Expecations vs. Reality http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/ personal finance tips, tricks, and commentary Mon, 13 Feb 2012 18:22:18 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: nickel http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-118139 nickel Wed, 25 Jun 2008 17:30:13 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-118139 Cynthia: That's not the government paying itself. That's you paying the government what you owed. There's a big difference. Cynthia: That’s not the government paying itself. That’s you paying the government what you owed. There’s a big difference.

]]> By: Cynthia http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-118127 Cynthia Wed, 25 Jun 2008 01:32:03 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-118127 What stimulus check? Those of us who owned taxes had this amount deducted from the actual amount - I ended up owing $14.27 - anyway the government ended up paying it self. Did anyone not see that coming? What stimulus check? Those of us who owned taxes had this amount deducted from the actual amount – I ended up owing $14.27 – anyway the government ended up paying it self. Did anyone not see that coming?

]]> By: Diann http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117929 Diann Fri, 13 Jun 2008 18:22:52 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117929 I was in the same boat, we were supposed to receive our stimulus payment by the 16th of May and because we had our fee deducted we won't get ours until the end of June. What a crock. Just another way for the government to string you along a little longer. I guess that is punishment for filing my return in January, I should have waited until April and then I would have known. I was in the same boat, we were supposed to receive our stimulus payment by the 16th of May and because we had our fee deducted we won’t get ours until the end of June. What a crock. Just another way for the government to string you along a little longer. I guess that is punishment for filing my return in January, I should have waited until April and then I would have known.

]]> By: steve http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117368 steve Mon, 19 May 2008 16:36:05 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117368 Already been deposited in our checking account, qued half to go to our credit union savings account, other have is qued for the next Credit Card monthly payment. I'm from the school that daddy said, "pay yourself first". Old habits are hard to break. Do what you want with it. . .I did. Already been deposited in our checking account, qued half to go to our credit union savings account, other have is qued for the next Credit Card monthly payment. I’m from the school that daddy said, “pay yourself first”. Old habits are hard to break. Do what you want with it. . .I did.

]]> By: Chad http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117348 Chad Sat, 17 May 2008 20:30:32 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117348 I decided to stimulate my own future economy. My stimulus check along with some extra money I had stashed away was invested in an S&P 500 index fund, a total stock market index fund and an International Stock Index Fund. My Personal Economy is the only one that matters. I decided to stimulate my own future economy. My stimulus check along with some extra money I had stashed away was invested in an S&P 500 index fund, a total stock market index fund and an International Stock Index Fund.

My Personal Economy is the only one that matters.

]]> By: Ron http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117332 Ron Fri, 16 May 2008 16:40:04 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117332 i think the tax stimulus thing is a crock.Ours was supposed to be deposited today and today I find out that because we used a online tax preparer and got a RAL that we will have to wait on a paper check.I for one will be changinging my w4 to 10 dependents and will not worry about filling at the end of the year that will be my stimulus.I will not file a fedral income tax from now on. i think the tax stimulus thing is a crock.Ours was supposed to be deposited today and today I find out that because we used a online tax preparer and got a RAL that we will have to wait on a paper check.I for one will be changinging my w4 to 10 dependents and will not worry about filling at the end of the year that will be my stimulus.I will not file a fedral income tax from now on.

]]> By: Mike http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117330 Mike Fri, 16 May 2008 16:15:02 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117330 @ JB: Paying down your credit card debt is stimulating for you, but that $100 / month in interest that you were paying was going to someone else who was spending it. It didn't add new money into the financial system. @ JB:

Paying down your credit card debt is stimulating for you, but that $100 / month in interest that you were paying was going to someone else who was spending it. It didn’t add new money into the financial system.

]]> By: nickel http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117321 nickel Fri, 16 May 2008 13:12:37 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117321 paidtwice: I hate to burst your bubble, but... You would've fixed your furnace no matter what, right? If so, then you didn't actually stimulate the economy and more than without the rebate. ;) paidtwice: I hate to burst your bubble, but… You would’ve fixed your furnace no matter what, right? If so, then you didn’t actually stimulate the economy and more than without the rebate. ;)

]]> By: Ron@TheWisdomJournal http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117320 Ron@TheWisdomJournal Fri, 16 May 2008 12:56:35 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117320 Mine paid off that blasted Bank of America credit card! Wooooo Hooooo! http://www.thewisdomjournal.com/Blog/credit-card-paid-off-debt-fre/ Mine paid off that blasted Bank of America credit card! Wooooo Hooooo!

http://www.thewisdomjournal.co.....-debt-fre/

]]> By: paidtwice http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117319 paidtwice Fri, 16 May 2008 11:23:55 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117319 I said I was going to pay down my student loan debt with it. But I actually spent it on a necessary home repair (replacing our furnace). I stimulated the local economy. Call me a proud American ;) I said I was going to pay down my student loan debt with it.

But I actually spent it on a necessary home repair (replacing our furnace).

I stimulated the local economy. Call me a proud American ;)

]]> By: Jeremy http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117316 Jeremy Thu, 15 May 2008 19:40:21 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117316 They should do the same survey around where I live. The top 5 list of where the stimulus money is going would look like this: 1. Cigarettes 2. Busch Light 30-packs 3. Lottery Tickets 4. WWE Pay Per View 5. Ridiculous and huge spoilers to put on the back of old and underpowered front-wheel drive cars. They should do the same survey around where I live. The top 5 list of where the stimulus money is going would look like this:

1. Cigarettes
2. Busch Light 30-packs
3. Lottery Tickets
4. WWE Pay Per View
5. Ridiculous and huge spoilers to put on the back of old and underpowered front-wheel drive cars.

]]> By: Eden http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117314 Eden Thu, 15 May 2008 19:03:11 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117314 Movies were #1? Is that because taking your family to a movie theater is like $1,200 these days? :) Movies were #1? Is that because taking your family to a movie theater is like $1,200 these days? :)

]]> By: Financial Goal http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117312 Financial Goal Thu, 15 May 2008 18:20:01 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117312 I feel that this is the same situation as making a New Years Resolution. People always have the best intentions but when the time comes or after awhile, they give in to something else. I feel that this is the same situation as making a New Years Resolution. People always have the best intentions but when the time comes or after awhile, they give in to something else.

]]> By: devil http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117309 devil Thu, 15 May 2008 17:18:54 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117309 I think you nailed it. What people say they'll do and what they actually do are rarely the same. I think most people try to give the "right" answer when asked a question by a pollster. It will almost be a relief when everyone has spent their rebates and we can get back to our regularly scheduled recession. Let's just get through it already. I think you nailed it. What people say they’ll do and what they actually do are rarely the same. I think most people try to give the “right” answer when asked a question by a pollster.

It will almost be a relief when everyone has spent their rebates and we can get back to our regularly scheduled recession. Let’s just get through it already.

]]> By: JB http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/comment-page-1/#comment-117308 JB Thu, 15 May 2008 16:57:59 +0000 http://www.fivecentnickel.com/2008/05/15/economic-stimulus-spending-expecations-vs-reality/#comment-117308 I think some people are a little short sided concerning the rebate. You say the precentages don't sound very stimulating. However, paying down a credit card or other bill can be very stimulating. For instance I plan on paying off two bills that cost me a total of $100/mo. That's $100/mo extra I'll be able to spend. Hopefully I won't fall back into my old habits and spend it, but statistically speaking I will. I think some people are a little short sided concerning the rebate. You say the precentages don’t sound very stimulating. However, paying down a credit card or other bill can be very stimulating. For instance I plan on paying off two bills that cost me a total of $100/mo. That’s $100/mo extra I’ll be able to spend. Hopefully I won’t fall back into my old habits and spend it, but statistically speaking I will.

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