This is an important subject for the entirety Klal Yisroel. The economy affects everyone. My friend Bonnie Slotnick sent the following to my wife, Annie. It is a must read primer on the what it is and what to do with it. - HM
This year, taxpayers will receive an Economic Stimulus Payment. This is a very exciting new program that I will explain using the Q and A format:
Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.
Q. Where will the government get this money?
A. From taxpayers.
Q. So the government is giving me back my own money?
A. Only a smidgen.
Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV Set, thus stimulating the economy.
Q. But isn't that stimulating the economy of China?
A. Shut up.
Below is some helpful advice on how best to help the US economy by spending your stimulus check wisely:
If you spend that money at Wal-Mart, all the money will go to China. If you spend it on gasoline it will go to the Arabs. If you purchase a computer it will go to India. If you purchase fruit and vegetables it will go to Mexico, Honduras, and Guatemala (unless you buy organic). If you buy a car it will go to Japan. If you purchase useless garbage it will go to Taiwan.
If you pay your credit cards off, it will go to bank management bonuses and they will hide if offshore. Same with stock investment.
Instead, you can keep the money in America by spending it at yard sales, going to a baseball game, or spending it on prostitutes, beer and wine (domestic ONLY), or tattoos, since those are the only American businesses still operating in the US.