Another Economic Stimulus Check? Second Time is the Charm

Comments (scroll down to add your own):

1. So do people who have a good job and pay their bills on time get nothing? It seems a little strange to me at least that he is pushing something that will cost 50 billion dollars. But then again, I’d be happy to see those tax loopholes fixed.

   Comment by Luke @ Money & Fitness Blog — Jun 11th 2008 @ 8:22 pm

2. Luke, we’ll have the privilege of paying for those rebates with our taxes. We are supposed to share with those less fortunate than we are, right? Consider it charity.

   I have no problems with closing the loopholes, but not with increasing rate on capital gains and dividends. This will sure do wonders for our stock investments. Then there be capital losses instead of capital gains and we get to deduct them from our income. If it ends up to be low enough we may qualify for the rebate.

   I also don’t really want my employer to pay more taxes. Wouldn’t help my ESPP and is likely not going to help my benefits or salary.

   Don’t like McCain either. Was almost OK with him until he came out with his “health plan”. So now I am not even sure I want to vote; not that it matters in NY.

   Comment by kitty — Jun 11th 2008 @ 11:37 pm

3. I thought the first stimulus check was a bad idea; now we’re talking about a second one just as the credit crunch is starting to pass and the fed is (finally) focusing on inflation?

   Comment by Independent George — Jun 12th 2008 @ 10:41 am

4. I am a single mother of three. A second stimulus check would help me to buy uniforms and school supplies for my children. Whoever thinks this is a bad idea in insane. This would be great for low income families like mine.

   Comment by Melissa — Jul 17th 2008 @ 1:46 pm

5. I for one am appreciative of what the first round of stimulus checks brought me. I HAVE a good job, I DO pay my bills on time. As a single (I do mean single) mother of one, who receives ZERO child support or state assistance; I appreciate greatly someone (our country) finally helping me out in my time of need.

   We are in a slump not because of the low income or middle income. We are in a trillion dollar deficit for irresponsible placement of our economic funds. This has been decades of bad investments.

   To say that the Stimulus Refund is, and was, a bad idea is your Amendment Right to Free Speech. I will always be thankful for someone looking out for good decent people like me, who can hold a job, love their child(ren), pay their taxes on time and helps out anyone who needs it.

   Thank you very much for making my life much easier to breathe in.

   Comment by Rae — Jul 17th 2008 @ 7:33 pm

6. If youre poor then why did you have 3 kids? Why should I have to pay for other people’s kids? If youre poor maybe you shouldnt have had kids you couldnt afford. Take some personal responsibility. If you have kids, pay for them.

   Comment by TIM — Jul 22nd 2008 @ 12:40 pm

7. Tim - open your mind. How do you know those 2 single moms aren’t war widows? Or that the fathers decided a young blonde floozy was more to his style?? I was a single mom for 13 years for the second reason. I have 2 college degrees, and where I live, 1 is useless (which is why I went back to school). The downside? My student loan payments are now around $400 and my income still isn’t hitting $20K a year. My husband (of 3 years) is a full-time chef who is salaried at $25K. My 15-year-old son no longer qualifies for Medicaid because we make too much money. The only house we can afford is 20 miles from my husband’s job. In fact, everything is 20-50 miles away. We have no health insurance, no dental insurance, no prescription insurance.

   That first check? Paid my husband’s income tax bill and my medical bills. I’m 34 and I have arthritis in various joints. I still work full time, but when it flares up, or when I have had a cough and congestion for 3 weeks, I have to see my doctor. I’m lucky that it’s on a sliding scale fee, and I’m lucky I have a wonderful doctor, but we still pay 80% of the cost.

   I can name many places where we could take money from to reduce our deficit, but there’s no point. Until America as a whole realizes that before we go trying to fix other countries, we should fix our own first, we’re never going to regain the power we’ve been blessed to have in the past.

   I’m not envious of the rich, either. In general, most of them worked very hard to get where they are. They took chances I would never be brave enough to take, or they work in an industry I could never work in. More power to them.

   As low-end workers, I know my job, and most likely my husband’s, will always be in demand. As I watch laborers getting laid off left and right, I’m grateful I can work from home (saving $240 a month in gas) and that my husband has a job. Since we also pay taxes, it’s only fair we get some of them back. Then we can pay down our bills a little more.

   Comment by Heather — Jul 23rd 2008 @ 10:10 am

8. To Tiny Tim,

   if you dont want to help pay for other kids, quit your job who cares, either way it goes you going to pay taxes whether you like it or not, just get a life, and be thankful you can pay taxes, just count your blessing, cause that can be very much you in the situation one day, you can have everything you want, but its up to GOD how you keep it, he sees your negative, and he can make life miserable for you. To all the mothers do what you got to do ignore Tim he is unhappy person and probably need a hug..so Tim you just been hug have a great day to all.

   Comment by NIkki — Jul 25th 2008 @ 10:21 am

9. TO ALL; I CANT BELIEVE SOME OF THESE PEOPLE WHO WROTE IN. I MEAN” SOMEONE FUSSING ABOUT OUR GOVERMENT, WHO WE HAVE PAID TAXES TO FOR YEARS, TO BE ABLE TO SUPPORT COUNTRIES THAT WOULD NOT EVEN SHED A TEAR, IF WE ALL DIED OF SOME UNKNOWN HORRIBLE DEATH, AND YOU ARE FUSSING BECAUSE THEY MAY GIVE US A LITTLE CASH TO HELP SOME OF US LOWER CLASS. YOU HAVE GOT TO HAVE MENTAL PROBLEMS. THATS ALL I HAVE TO SAY ABOUT THIS. IT MAKES ME SICK!!!!!!!!!!!!!!!!

   Comment by joe — Jul 26th 2008 @ 9:36 pm

10. All I can say is please help us all. I live in a small town and when I go to the grocery store I see everyone in there wondering how we are going to afford to eat. We most definetly need a second round. You don’t have to be just a single mom to be drowning in this hard time we are having.
    The first one was great but it was almost like a tease.
    Like giving us just a smell of the food the second will let us actually let us taste it.

    Comment by Debbie — Jul 27th 2008 @ 2:13 pm

11. I agree. I hope we get a second stimulus check. My husband lost his job. We have three kids. The week our stimulus check arrived, we had alot of rain. The sump pump in our basement quit. We do not have home insurance due to having to cut cost somewhere. We had to hire someone to help us. We had water up to the knees in our basement. Long story short, we are still living pay check to pay check and it cost $2334.34 for the people we hired to help us clean up the water mess. My stimulus check was $2100.00.

    Comment by TABATHA — Jul 30th 2008 @ 8:42 pm

12. I’m a high school dropout that came from a rough home. I lived a pretty rough life, up until I married my wife. I ruined my credit, not knowing what credit really was. I never had parents that would speak to me about or teach me anything about credit or financial responsibility. But, I accept the fact that this is all my fault. I’m accepting personal accountabilty. BUT I HAVE TO SAY THAT I AM DISGUSTED WITH THE MIDDLE CLASS THAT BELIEVE ANYONE WHO ACCEPTS OR IS GIVEN HELP FROM THE FEDERAL GOVERNMENT IS SOMEHOW LESS OF A HUMAN BEING THAN THEM.

    Comment by Samuel — Jul 31st 2008 @ 2:44 am

13. I’m a high school dropout that came from a rough home. I lived a pretty rough life, up until I married my wife. I ruined my credit, not knowing what credit really was. I never had parents that would speak to me about or teach me anything about credit or financial responsibility. But, I accept the fact that this is all my fault. I’m accepting personal accountabilty. BUT I HAVE TO SAY THAT I AM DISGUSTED WITH THE MIDDLE CLASS THAT BELIEVE ANYONE WHO ACCEPTS OR IS GIVEN HELP FROM THE FEDERAL GOVERNMENT IS SOMEHOW LESS OF A HUMAN BEING THAN THEM. That simply is not fair, and for a christian nation, thats not very christian. Not all of us are born with silver spoons in our mouths. And a lot of people born to bad homes will typically repeat the cycle set before them. But there are those exceptions like myself. And for those people that have 3 kids they can barely support, they deserve a second check. My dad ran out on us and we received 40$ a week in child support occasionally. So if you think your better than the rest of us because you’re considered “Middle Class” you’re sadly mistaken. Because we are the people that sell you groceries, deliver your pizzas, and work at your local walmart.

    Comment by Samuel — Jul 31st 2008 @ 2:48 am

14. “To he whom much is given, much is required”.

    Instead of complaining about having to help/assist the poor, be grateful that you can. Nothing in this life is promised to any of us. That which you have could be taken away from you in the twinkling of an eye. Be careful the seeds you sow, because you will have to reap them one day.

    God Bless Us All

    Comment by Isis — Aug 5th 2008 @ 5:06 pm

15. i have 3kids im a cna i have helped people everyday for 8years and still struggle to keep up with the bills that check helped so much for birthdays clothes and i spent it little by little i tried to make it last for my kids thank you it got me through the year for them and i hope that we do get a 2nd one i will be vary gratefull and i will make it last for my kids again.and people dont be so mean you have money be gratfull you do some dont and thats why we need it my baby dads ran off with th same girl at diffrent times years apart it was not my fault but i raise my kids not them there gone

    Comment by sum — Aug 9th 2008 @ 3:31 am

16. Tim I am one of those single mothers who children lost their father. How dare you say those things? My husband was a taxpayer just like you are. You need to get your prorities together. I am not asking for a hand out. I said that second stimulus check would help me out. Don’t be stupid and down people that may not be as fortunate as you. It’s not my fault I am disabled. I am glad there are not many people like you, because they don’t need them. You have to think about the families that don’t have things that they need. I hope you have a better understanding if you go through the same things that I do.

    Comment by Melissa — Aug 12th 2008 @ 7:26 am

17. That’s right. Like I said Mother of 1 a three year old and Im 30. The father chose a lifestyle not suitable for my son or myself. I have paid my taxes for YEARS without any support or help. I pay my bills and taxes. Im also not complaining about having to do so; I just feel this stimulus package is a wonderful thing.

    Kudos to Single moms and dads who still keep on marching the march of a single parent. Our children will make a difference in this world.

    Oh and yeah I make 10 dollars an hour…not because i never made something of myself or went to college. I got diagnosed with degenerate spinal disease and settled for the job I currently have and love. I could have finished college, but the grants aren’t enough to cover average living expenses and school. I want my son to have more so i work my butt off to get it for him. Yay for stimulus packages

    Comment by Rae — Aug 12th 2008 @ 11:30 am

18. I ALSO AM DISGUSTED BY THE RICH, THAT’S RIGHT –STEP ON US LOWER CLASS FAMILIES LIKE WE’RE A BUNCH OF COCKROACHES!!! I BELIEVE IN BEING EQUAL–BY ALL MEANS. I’M MARRIED W/ 2 LITTLE GIRLS AND JUST RECENTLY WENT BACK TO WORK PT. MY HUSBAND MAKES 10.50 + OVERTIME AND STILL ISNT ENOUGH. I’LL PROBABLY BE LOSING MY FOOD STAMPS BECAUSE OF GOING TO WORK PT..EVEN THE STAMPS RAN OUT FAR BEFORE THE END OF THE MONTH. ANYWAYS, I READ THE ABOVE COMMENTS..SAYING YOU SHOULDN’T HAVE KIDS IF YOU CANT “PAY FOR THEM” WHAT THE HELL IS THAT??? IF YOU WAIT TO AFFORD THEM, THEN MOST PEOPLE WOULD BE WAITING 1/2 THEIR LIVES! YOU DO WHAT YOU GOTTA DO…WORK, ACCEPT HELP, STIMULUS CHKS, ALL THAT MATTERS IN THIS WORLD IF YOU HAVE CHILDREN, IS THAT THEY ARE FED, CLOTHED, A ROOF OVER THEIR HEAD, AND LOVED!!! YOU RICH PEOPLE ALREADY HAVE YOUR TRUCK LOADS OF CASH, VACATION HOMES, MAIDS, AND NANNIES–SO GO HAVE YOUR FUN & KEEP YOUR NOSE OUT OF OUR BUISSNESS!!! POOP ON YOU!

    Comment by holly — Aug 13th 2008 @ 4:04 pm

19. I been hearing that there is gonna be another stimulus check comming soon. Is this true?

    Comment by Ebony — Aug 25th 2008 @ 6:33 pm

20. A warning … circa 1787 re the fall of the Athenian Republic:

    “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money (generous gifts) from the public treasury. From that moment on the majority always votes for the candidates promising the most money from the public treasury, with the result that a democracy always collapses over loose fiscal policy, (which is) always followed by a dictatorship.”

    “The average age of the world’s greatest civilization has been two hundred years. These nations have progressed through this sequence.

    From bondage to spiritual faith;
    from spiritual faith to great courage;
    from courage to liberty;
    from liberty to abundance,
    from abundance to selfishness;
    from selfishness to complacency,
    from complacency to apathy,
    from apathy to dependency,
    from dependence back into bondage.”

    Comment by Nic — Aug 29th 2008 @ 3:44 pm

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