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What do you expect from an administration that believes in "supply-side economics." Instead of listening to real economists, they decide that they know better, and that they should give money to the super rich.
There is a video of Peter Peterson on Charlie Rose about how this type of thinking is a problem for this country: http://youtube.com/watch?v=kCpzs45vrRsThe point is, that $600 rebate will not be spent by many people, anyone who has a lot of money will just save it... and the poor people who would spend it won't be getting a rebate. But what do you expect from an administration that asserts how factual information is inferior to the hunch.
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