Do Rebate Checks Really Help?

By: Kathleen J. King (View Profile)

During tax season, rebate checks are often helpful in paying off a bill or putting money away. Some of us spend the money too. But do rebate checks really affect consumption and stimulate the economy as the White House seems to think? I believe it barely puts a dent in the economy and the money would be better spent on families of soldiers, vets returning from Iraq, education, healthcare, or poverty. What do you think?

First published April 2008
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