Economy and that scary "R" word

[hooskins]

Originally Posted by mheisig

NAFTA is the biggest turd of legislation ever. There, I've agreed with dmek for the first time

Tax rebates ($300, $800, $1,600 whatever) seem like a good idea at first glance, but most economists agree that they are a pretty bad idea. Not to mention the fact that most people end up putting that rebate in savings instead of spending it, so the impact is negligible at best.

Exactly there is no incentive to put that money back into the economy. A tax cut is better because you will have direct disposable income.