Economic Stimulus Package

[Don]

I'm going to buy something made in China so I can stimulate our economy.

Don

[Trav]

Mine will go to Visa, MasterCard, and Busch.

Not Budlite....Busch Stadium...Cardinal Tickets!

[Seth]

I'm paying my boat off with my $600.

[MOFishwater]

As a recovering economist, I can tell you guys the ONLY way this thing is going to work is if people spend thier checks. Go buy some new rods maybe some shoes for the wife. GDP = C+I+G+X (consumption , investment, government spending, net exports). Times are hard right now, but they are going to get even harder if we don't increase spending. F.Y.I. we had positve economic growth the last 3 months so we are no in the big R yet----

Who would have ever thought that buys some expensive rods and reel would be good for the economy!!!

Ps. I suggest the G. Loomis GL3.

I could be wrong, I am absolutely no economics person by any means...but I thought I heard the other day that the only reason the economic growth and consumer spending went up the past 3 months was due to the increase in food/gas prices. Like I said, that may be incorrect but I believe that was the explanation I overheard on the radio. Carry on:) Still waiting for my check...

[ozarkgunner]

I could be wrong, I am absolutely no economics person by any means...but I thought I heard the other day that the only reason the economic growth and consumer spending went up the past 3 months was due to the increase in food/gas prices. Like I said, that may be incorrect but I believe that was the explanation I overheard on the radio. Carry on:) Still waiting for my check...

That may very well be true, but because the rate was positive it means wages also had a slight raise to keep pace. People have sector shifted where they are spending thier dollars. I'm not saying the economy is good right now by any means, but it looks like we have a stronger than expected economy. Things can't get that much worse (short of $200 per/b oil). We had a major housing crisis, a credit crisis, oil and food inflation, and we still had some small growth. If oil comes down things will get much better, however if oil goes up anymore we are going to see Coal Gassification (turning coal into D2 fuel) make an entry into the energy market and that will drive oil prices down (as it's a perfect subsitute). The problem with alternative energy has been the cost compared to oil (which is cheap to "make"). Turning America's large coal reserves into liquid fuel is not that crazy of an idea. Germany ran thier airpanes on it during WWII and South Africa used it during there little "problem" 15 years ago. To see how it works go to http://www.popularmechanics.com/science/earth/4218251.html

In the short term, it looks like times are going to be a little hard for a while (9 months) in the long term I think we are going to see energy solutions (or OPEC increase production) and from that real long term economic growth. I'm finishing up my doctorate in another field, so my economics are a little rusty, but I still keep a eye on the work markets. It's too bad they don't offer a Ph.d in smallmouth bass fishing.....! (heck I would even settle for a masters in crappie or trout!).

[Paola Cat]

Haven't got our check yet .... when we get it, it'll go to getting the house painted. PC

[MOBass]

I am past the date on mine also and waiting. There was a note that it could be another few weeks. I'll be putting some in a coffee can for a rainy day and using some to fix stuff around the house from the last rainy, day, week, month.