Tax Rebate
Stocks Rise as Fed Chairman backs New Stimulus Package
New Tax Rebate for You and I?
The Wall Street Journal is reporting that the Federal Reserve is now supporting a tax rebate:
U.S. Federal Reserve Chairman Ben Bernanke on Monday threw his support behind a second round of fiscal stimulus by the government to limit the risk of a “protracted” slowdown in the economy.
I don’t know about the rest of you, I could sure use some stimulation in my bank account! Besides, this has seemed obvious for a while now. If it helped last time around it should really help now. I don’t understand why it hasn’t already happened.
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