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Forum nameGeneral Discussion
Topic subjectthis is why obama took a more subtle/lowkey approach
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13397964&mesg_id=13398140
13398140, this is why obama took a more subtle/lowkey approach
Posted by Reeq, Sat Aug-08-20 02:01 AM
to tax payer stimulus. payments without huge headlines, credits/deductions, etc.

they had data saying that when people know theyre getting lump sum payments from the gov (like tax refunds)...theyre more likely to tuck it away.

but when they just see/feel more money in their pockets...theyre more likely to go out and spend it in places that actually stimulates the economy (the whole point of a stimulus).