[SeekAndFind]

I’m skeptical of the doom and gloom of this article.

This tax rebates have been tried before ( most recently by Bush -- twice in fact ). It did NOTHING to stimulate the economy. What the economy needs is CERTAINTY. Therefore, we need a tax cut for the LONG TERM, not the short term. This is what the Bush tax cut of 2002 did.

[econjack]

Exactly! (See my post #13.)

[Erik Latranyi]

This tax rebates have been tried before ( most recently by Bush -- twice in fact ). It did NOTHING to stimulate the economy.

Not true.

Retail sales spiked in the month the checks were sent out.

It is evidence that such a move has a one-shot stimulus effect and not a long-term effect like cutting rates.

[Navy Patriot]

What the economy needs is CERTAINTY.

Exactly, but PelosiRat Congress wants to repeal the Bush tax cuts early rather than make them permanent.

No one trusts a government (or anyone else) that goes back on it's word or proposes a 0bama bait and switch.