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The LoopHole: April 30, 2008 Archive

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Stimulus checks: Botox, blow it at the casino...but mostly savings

Posted at 10:44 AM on April 30, 2008 by Jeff Horwich (7 Comments)

We already had one round of this when the President signed the bill, but the media (Associated Press, for example) today is taking another run at the "What will people do with their checks" question.

If $600 - $1,200 worth of impulse shopping at Wal-Mart sounds attractive, the big blue behemoth is offering to cash people's checks for free. (For many people, though, the "check" will actually be a direct deposit right into your bank account. Wal-Mart, however, will still be happy to take their money.)

Seems like, hmmmm, In The Loop already took a run at this question a couple months ago. But media momentum impels me to revive our contribution to the conversation:

Now that the grand moment is almost upon us, what'll you do with yours?

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