"The rebate check approach was created with the hopes that consumers would increase their spending on goods and services," said Brandi Kennedy, assistant director for the Montclair office of NJPIRG. "But as gas prices keep rising, American families have been pouring their stimulus money into their gas tanks."
Wednesday, June 25, 2008
Transfer of Wealth Part III
Remember when we were talking about a lot of our money getting transfered to countries that don't like us? Well it gets even better. All those stimulus checks are going to oil. Are we ever going to learn? Why couldn't we have just spent that money on transportation upgrades that last? From the New Jersey Star Ledger: