Consumer Confidence Plunges in March

The AP wire had this headline today, "Consumer confidence sinks to lowest level in five years." What they are talking about is the fact that the consumers stopped spending money, thus sending our economy on a very quick downfall. Meanwhile, President Bush had issued a $600 check to be sent along with the tax returns - for who ever qualifies, but in fact, in the above referenced article, that would be everyone. So what would happen is that you will receive a separate check in your name for six-hundred dollars, which you may deposit to your account and spend anyway you can. The government wants us to spend this money on buying you things and raising our economy in the process, but I bet that we will use this money pay off; partially pay off our over inflated credit card balances and try to reduce the amount of debt we are in.

You see, if this was my idea and I would want the consumers to spend more money, I would never send a check. I would simply send a VISA gift card, thus forcing consumers to spend and even though some would say that this is not fair, I say that desperate times call for for desperate measures.