On Jan 17, 4:39�pm, VT Sean Lewis <
TheVirtualTr...@gmail.com> wrote:
> The facts:
>
> People living paycheck to paycheck will
> spend the additional money immediately.
>
> Low income individuals will buy items that
> help the local economy. Food, clothing
> household items and appliances.
>
> A dollar spent in the local economy
> will have a ripple effect on 7 additional
> individuals and merchants.
>
> The mechanism to do this already
> exists and will be easy to repeat.
>
> The effect of this is also on the record
> by the results of GDP growth in 2003
> for the third quarter of almost 9%.
>
> The Child Tax Rebate Checks began
> going out July 25, 2003. The Checks
> of $400 went to 25 Million TAXPAYERS.
>
> This is an INVESTMENT of $10 Billion
> to gain $297 Billion of potential new growth.