The Feds took some deep rate cuts today in trying to stimulate our economy. I guess it did help! The stock market only plunged about half as far as it would have it the cuts had not been taken.
They keep saying that they need to do something to put money back in circulation. The proposal comes up to give refund checks of a decent amount back to us in the near future and that if we put that back out that this will help.
My question is - why not do something as inovative as cutting the federal tax rate on gasoline. Wow - what a novel idea. This would put money back in our pockets instantly and give us more money to spend elsewhere. Wonder why the government doesnt think of that one. What is the problem with that.
They keep saying that they need to do something to put money back in circulation. The proposal comes up to give refund checks of a decent amount back to us in the near future and that if we put that back out that this will help.
My question is - why not do something as inovative as cutting the federal tax rate on gasoline. Wow - what a novel idea. This would put money back in our pockets instantly and give us more money to spend elsewhere. Wonder why the government doesnt think of that one. What is the problem with that.
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