Wednesday, January 23, 2008
A rebate on a portion of the taxes Americans will pay this year toward the Iraq War. So we won't feel that little pinch of sacrifice. It's recommended that the money be spent on durable goods, a new TV or fridge, rather than putting it toward a vacation or restaurant meals. If you just bank it, you're hoarding it. The inflationary costs of essentials might eat it up. Food, gasoline. College tuition. By the time the checks arrive, we'll be deep in the recession but about to begin Christmas shopping.