Here are interviews with various people on what they plan to do with their stimulus checks. With the government hoping people will spend a majority of the $100 billion dollars, they may be concerned with some of the sample responses where a number of folks are just going to save the stimulus payment ($600 per person). What I found interesting was how the various folks responded in line with the the stereotype for their gender, race and background.
Video running time : 4 minutes
From a personal standpoint, I think the stimulus is going to have a limited effect and it will most likely benefit corporate America the most as people spend on services, merchandise or just repay debts. Realistically $600 is not going to save people in financial distress or dramatically change someones life. It is almost like the government has said we don’t know how to effectively spend taxpayers money to save the economy so let them decide for themselves. So I ask you, what is the need for those high paid decision makers?
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