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Personal Finances / Living Below Your Means

URL:  https://boards.fool.com/yeah-me-too-wont-that-just-blow-a-huge-hole-in-15169849.aspx

Subject:  Re: Not everyone gets a tax rebate Date:  6/14/2001  7:22 AM
Author:  horacekgl Number:  153737 of 910563

Yeah, me too. Won't that just blow a huge hole in their "save-the-economy-by-giving-people-money-to-spend" plan. Especially if a large number of people do likewise.

This still puts the money back into the economy just as surely as spending it at Walmart. You think that money paid on debt just goes into a hole in the ground? It's immediately available to the economby as a whole. The result is the same.

glh
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