Yeah, this is what I hear from the people in my neighborhood:
CHICAGO (MarketWatch) — Consumers pinched by soaring prices for gasoline, granola and green grapes are increasingly looking at their stimulus checks as a means of making ends meet for at least a month or so.
A growing number of consumers told pollsters in at least three separate surveys recently that they will use the money the government is sending them in coming weeks to pay down debt, fill up the family car and stock the kitchen pantry.
That smacks at the government’s objective to kindle economic growth with frivolous spending on electronics, clothing or a night out on the town. More important, however, is that it underscores the incredibly tight financial condition many Americans are finding themselves in as prices for day-to-day living expenses reach unparalleled levels.
well good morning to you too, farfo!
I’ve been saying this ever since they came up with the whole “stimulation”, and I’m glad to see that my prediction was validated. It’s worth pointing out however that even the Chimp admitted as much earlier this month when they released the checks: the language about “buying things people might not ordinarily buy like a flat screen tv” was gone, replaced with “to help people who can’t afford groceries and gas.”
And ya know, that’s not a stimulus: that’s what we call “welfare”.
reminds me: I have to call senator specter’s office about this. And Allyson Schwartz, who’s been acting like she’s PA’s Knight in Shining Armor for passing this idiotic policy. Of course, Allyson’s partly responsible for the mess we’re in becasue she helped pass the bankruptcy bill of 2005.
As anecdotal evidence from the express lane, I can say that I have noticed an increase in numbers of customers in the last two weeks or so.