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I agree that this won't do anything to solve our economic mess that Bush and his theories created. Everything was going great under Clinton, our national debt should have been at record low levels right now. Especially under a republican (whose party is supposed to be for fiscal restraint and smaller government...)
This $600 that is coming from nowhere, and will go to buy Chinese goods at Wal-Mart will do nothing. Well, actually I already spent mine on a Projector from Japan. So, different country, same effect.
It doesn't do anything to fix the economic mess that has happened in the past 7 years. Too many people with 'free' money in their homes, spending wildly on things they couldn't afford at the time, demand for homes going up because investors could get them cheap and with little money, companies kept trying to make more profits, and if one supplier raised prices, then the next company has to raise prices. And the whole problem of materials/resources (like oil) being auctioned off as commondities in the market. I wonder how much oil/gold/copper/ whatever is just sitting in someones portfolio, causing demand to skyrocket, yet actual use is constant.
Oh yeah, and this will do nothing to help the value of the dollar against foreign currencies.
But who cares, it's not like we will be able to tax the retirees in 20 years when the country is broke...
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