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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