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The www.FedPrimeRate.com Personal Finance Blog and Magazine

Thursday, July 24, 2008

What Did You Do With Your Stimulus Check?

2008 Economic Stimulus PaymentMonths ago, when I first heard about plans for an economic stimulus payment that would go to all taxpaying Americans, I could not help but think of how political leaders in ancient Rome would offer free Bread and Circuses as a way of tricking Roman citizens into giving up their political freedoms. The people would remain fat and happy while the elite would make plans to send them off to fight wars of conquest, for the glory of Rome.

I can't help but think of the war in Iraq as "the circus," and the economic stimulus payments as "the bread." Of course, we don't even have to leave our homes to enjoy the circus these days. Just turn on the TV and the images are delivered to you free of charge, thoroughly sanitized and censored, of course.

I wonder if anybody turned down the stimulus payment. After all, the money is basically a loan from China to the American people, a loan that our grandkids will have to payoff. There must be at least some Americans who find this objectionable.

So, what did you do with your stimulus check? Me? The $600 I received didn't even cover my child support payment, but I was grateful for the assistance. Your comments are welcome.

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