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<blockquote data-quote="Jim62" data-source="post: 684830" data-attributes="member: 6655"><p>I was under the impression that the idea was to entice people to spend money to stir up the economy, and that any other benefits were just gravy. A program like this is where all the bailouts should have started in the first place. And everybody knew it but the politicians.</p><p></p><p>It sure did a lot more good than the hundreds of billions we gave to wall street and the banks that was mostly pissed away on executive bonuses. As far as I know, about the only change it made there was upping credit card interest rates to 30%. </p><p></p><p>And that was a BIG help.</p></blockquote><p></p>
[QUOTE="Jim62, post: 684830, member: 6655"] I was under the impression that the idea was to entice people to spend money to stir up the economy, and that any other benefits were just gravy. A program like this is where all the bailouts should have started in the first place. And everybody knew it but the politicians. It sure did a lot more good than the hundreds of billions we gave to wall street and the banks that was mostly pissed away on executive bonuses. As far as I know, about the only change it made there was upping credit card interest rates to 30%. And that was a BIG help. [/QUOTE]
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