While just everyone believes that a stimulus package is needed, some have pointed out that any package will unfortunately just contribute to an even more ridiculous deficit than we already have. I think most politicians, especially the conservative ones, are leaning towards a quick fix rebate. While this should stimulate the economy,much of this will bleed off to China as people use their rebates for more Chinese made trinkets.

We don't need more trinkets; as long as we think we need to stimulate the economy anyway, let's put those dollars into green energy. We need to ramp it up anyway so let's make this stimulus package into something that will help us in the long run,not simply fuel our debt ridden over consuming society. Besides, as I mentioned in paragraph one, how much "leakage" would there be from any tax cut. The vast majority of consumer goods are imported, especially from China. Maybe we should have China help us with the package; I notice there stock market isn't doing so well lately, either.

On CNBC this morning, one analyst said that most of the rebates would go to paying off credit card debt. Another analyst countered that as soon as some of the debt was paid off, the consumer would just drive their debt up again with consumption. This is kind of like providing more credit to a gambler in Vegas.