Could You Use Another Stimulus Package?
I often find our imaginary monetary world hard to understand. Since our money is not backed by anything tangible, we get to make it worth whatever we can collectively believe it to be. We operate and depend on a system of mass delusion.
I don’t think the United States will ever get out of debt. Our national debt continues to grow decade after decade. Will we ever be a creditor nation again? I don’t think so. We’re not even pretending to be interested in such a change.
Now there’s talk of another stimulus package—meaning our government is going to give us back some of our money again. When MoneyNing asked what happened to my first stimulus check, I really had to think about it. I couldn’t remember. It didn’t make that big of an impact in my life.
I think I put it towards a credit card bill. I would have paid off the bill in full anyway, but the rebate saved me some money. If the government is looking to pad stats, I suppose I would have to say that I bought something with that $600. Even if I really saved it.
If I got another check soon, I would probably do the same thing. I would spend it? While saving my own money?
See, I don’t understand my own imaginary monetary world too well either.
Do you remember what you did with your first government check? Would you deal with an extra $600 differently this time around?
These stimulus packages are purely political tricks. They do the average person zero good. I was actually surprised on this last check that a lot of flat screen TVs weren’t sold. I would have expected that.
My check went directly to pay for some tutoring for the kid. He’s making good grades so far, so invested wisely.
What would I do with another check? Straight to the emergency fund. Mine has been depleted from 5 1/2 months down to 3.
CubeWarrior, education and a healthy emergency fund. If the population at large was that responsible, we wouldn’t be in this mess right now.
I was thinking that if I had an extra $600 before the holidays, it would be hard to not splurge on presents this year. The word is though, if it does get passed, it won’t be until next year. By then, it’ll be much easier to resist temptation and do what’s right for me.