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ReInvest Group Blog

A collection of news, opinion, views on Real Estate investing in Denver and elsewhere.
Stimulated Yet?

NoWell if you aren't, then you have lots of company.  In a feverish attempt to turn around the economy, congress passed and Bush signed the $168 billion economic package which calls for $600 to $1200 rebates to wage earners in hopes that we'll venture forth and stimulate the economy.  If only it were that easy.  As reported by the AP recently, just 19 percent of respondents said they planned to spend the money.  45% said they'll use it to pay off bills. That figure is almost identical to the results of our own poll of investors.  Visit our home page  here to take that poll and compare your opinions with fellow Real Estate investors. 

Interestingly, the highest percentage of respondents (68%) of those same opinion givers said what the government really should do for the economy is get out of Iraq.  Stimulated now?

Posted: Sunday, February 24, 2008 2:38 PM by REInvest Group

Comments

Mara Maroo said:

As a senior citizen on social security, I'm still confused about what kind a rebate I'll be receiving.  Like most folks, I would spend it on paying bills.

Thank you for this valuable information.

# February 26, 2008 11:21 AM
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