$ 5K will just cover the credit card bills of a typical American family. What money is left for food, utility (which will go up due to fees/taxes), property taxes (which will go up), car payments, etc, etc, etc. Americans need something more permanent like JOBS!!!!!! If that is the second stimulus, it will just be a speed bump on the road to the riots.
Agreed.
They know this, but they will do it anyway.
The economic solutions to recessions are no big secret, cut taxes, reduce interference in the economy, targeted spending. Not sure why Obambi did not get the memo. Makes one think he does not want the US to succeed. Hmmmmm.
schu