Today, because I think the economy and politics are fun, the Friday Fun Video is going to be about the basics of a proposed economic stimulus package. President Bush is expected to unveil his economic plan today, and most people agree that it will likely involve a tax rebate.
Why a tax rebate, you ask? Simply because the idea is to get people to spend more money and build "confidence." It's not about helping pay down debt or even about trying to forestall foreclosures from the subprime lending mess. Rather, it's about getting Americans to spend more -- something we don't need help doing. I guess that's what make the Bush economic plan so funny. In a gut-wrenching ironic way. How would you fix the economy?
» Bush Economic Plan Unlikely to Help Stave off Foreclosures from LendingLeaves
On Friday, President Bush shared his economic plan with the nation. Much to the disappointment of the National Association of Realtors (NAR), the plan offered no new housing initiatives. Inman News reports on the old housing initiatives Bush has alread... [Read More]
Tracked on: January 21, 2008 10:12 AM | Permalink to Trackback