Manna from Heaven??

So how many of you out there actually think this rebate scheme the government is planning will do any good? My wife and I haven't really discussed what we're going to do with the money but with all our recurring bills I doubt if we're going to be buying anything with it. No, with tuition for two daughters, home upkeep expenses, and property taxes, we really can't afford to go out and spend extra money on anything. For most of the population we live on a payday to payday basis so when extra money comes along we use it to reduce our existing debt, not for to expand our wealth. So if my hypothesis is correct will this scheme really do what it's intended and promote growth in our economy? Makes one wonder... The last time I checked the government is supposed to act as a non-profit agency. If they have money to send out all these checks why do we still have a national debt? Have we been able to create this much extra money to be able to fund this boondoggle? I think not. I've heard the figures surrounding the cost of this plan and I know they're not enough to really make a difference but we're still incurring more debt every day due to Washington's spending habits. Instead of sending out all these checks and increasing our debt even more, why don't they actually try to pay off some of our debt? Wouldn't that help our economy? Our country is slowly eroding it's social benefits because of it's increasing inability to live with it's means. Increasing our debt won't help in that situation. I'm not a big fan of social programs due to their abuse but some really do make a difference in people lives. Increasing our debt will eventually require those programs to be cut even farther. So with all these issues why is the government doing this? The answer is that it's an election year. In reality this plan is no more than voter pandering; and it is some of the most despicable I've ever seen. And it's not just one side that's doing it. Both the Democrats and Republicans have their hands in this one so they can both take credit for it. They've advertised this as a plan to boost our economy but I suspect it will eventually have the opposite effect. What are they going to do next year when we're still in the same boat? How deep in debt will our government go to hide the truth about the economy from it's people. No this plan isn't the answer and has the potential of having some serious long term affect for all of us. I'm not an economist so I won't pretend to have all the answers but it seems to me that if we pay down this huge debt the country, as a whole, would be better off. A few years ago my wife and I where is a similar position; we owed a large amount of money to several agency's. This was mostly because our income level was fairly low and we needed some things just to get by. Due to some changes in my job we found ourselves with the ability to pay off most of our debt and have been able to keep it at bay since then. We still take out an occasional loan for big ticket items but for the most part we're living within our means. What a liberating feeling we've enjoyed since we've become financially free; I can only imagine what it would be like if our country was in this position. Incurring more debt isn't the answer, removing our debt is.