Have the IRS stimulus checks actually helped the economy thus far?
January 18, 2009 by Tax Blog
Filed under Questions & Answers
Badash asked:
The stimulus checks were supposed to boost the economy but it seems to only be getting worse. Does it take longer amount of time or something? I’d venture to say the majority of the people who got a check already have it spent.
The stimulus checks were supposed to boost the economy but it seems to only be getting worse. Does it take longer amount of time or something? I’d venture to say the majority of the people who got a check already have it spent.
Red on Tue, 20th Jan 2009 12:07 am
They have not helped the economy, and they won’t. People are paying bills, not buying things.
randy f on Tue, 20th Jan 2009 9:54 am
considering that only about half of the people have gotting theirs so far. i say give it some more time!
by the way, im using mine to go to the Bahamas! not to pay bills but splurge!!
StonewallBrigade on Wed, 21st Jan 2009 12:50 pm
Whether it will or not give it time. I havent even gotten mine yet.
Brittany Sue on Thu, 22nd Jan 2009 3:05 pm
It didnt really help out most of the people I know just blew their checks on useless stuff.
Larry B on Fri, 23rd Jan 2009 10:39 am
No. I bought 140 gallons of gas, which is about a month of driving just to work.