Less Stimulating Than Hoped?

Photo courtesy of iStockphoto , Image# 4489297 Kara McGuire had a brief blog post the other day about the economic stimulus payments the guvmint handed out earlier this year, and though her post is mainly about how to get yours if you haven't already, I was more interested in her opening paragraph: Remember the economic stimulus check you received earlier this year? Barely! It feels like a long time ago since I fretted over whether to buy a flat screen TV or save the money. We bought grocery gift cards with $1200, which we're still using, and frittered away the other $600, probably spending part of it on the new front door we purchased this summer. It was nice to get the extra cash, but did the stimulus checks really do the job? Good question. As we sit today in the midst of this economic bailout situation in which we are told that failing to use $700 billion to buy up bad loans is going to sink the economy of the U.S. and, by association, much of the world, it's e...