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05-02-2008, 08:38 PM
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#41
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Rivet Master
1963 26' Overlander
Austin
, Texas
Join Date: Feb 2008
Posts: 2,640
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Quote:
Originally Posted by overlander63
For those of you in other places, the stimulus rebate is a check from the US government that the recipients are supposed to spend to help out their favorite retailer.
That's an oversimplification, but the gist is there.
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Trickle-UP economics...?
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05-02-2008, 08:45 PM
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#42
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Rivet Master
1965 17' Caravel
1983 27' Excella
Walnut Grove/Laguna Woods
, California
Join Date: Jun 2004
Posts: 1,635
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I'll spend it or invest it as I wish. After all, it was mine before it was theirs. They are only giving back some of what they took.
Wouldn't it have been lots easier if they had just lowered the tax rate rather than spend millions giving some back?
Go figure.
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05-02-2008, 09:02 PM
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#43
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Rivet Master
1956 26' Cruiser/Overlander
1967 17' Caravel
Newport
, New Hampshire
Join Date: Oct 2003
Posts: 1,058
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Quote:
Originally Posted by Jim Foster
I'll spend it or invest it as I wish. After all, it was mine before it was theirs. They are only giving back some of what they took.
Wouldn't it have been lots easier if they had just lowered the tax rate rather than spend millions giving some back?
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Answer: Yup.
If the nanny-staters were serious about their intent, they would take that rebate and purchase what they 'think we should be purchasing' on our behalf rather than trust us to do the 'right thing.'
For those who need detailed(facts) explanation(truth) I can not go into further detail for fear of another deleted post & possible warning. But that's O.K. It's fun to see what we are planning to do with this little 'gift' here on the ol' forum.
__________________
KB1UFH
KB1UFI
"Reality Is The Leading Cause Of Stress"
"There are only five great men in the world and three of them are hamburgers."
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05-03-2008, 06:30 AM
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#44
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Always Airstreaming!
2005 22' Safari
1960 24' Tradewind
Anytown
, Connecticut
Join Date: Oct 2006
Posts: 3,115
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Quote:
Originally Posted by myoung
Since it appears that we might have to pay federal income taxes next year, our "stimulus" check will be returned in the form of an estimated payment for the 2008 tax year. Easy come; easy go.
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I did spend about two hours on the IRS.gov website pissed that we were not in the loop and did find that the stimulus will NOT be counted as earned income for your 2008 return. It will also not be deducted in part or whole from any refund you may be intitled to for 2008.
__________________
J. Rick Cipot
Sandi Gould
NEU New England Unit
Airstream Life Magazine
Proud Member of WBCCI
WBCCI #3411
AIR #17099
2009 Silverado 2500HD
2004 22' Safari
1960 24' Tradewind
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05-03-2008, 08:10 AM
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#45
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Rivet Master
Nipomo
, California
Join Date: Sep 2005
Posts: 629
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A little lesson in economics...
from my old friend, teacher, and pizza-eating/beer-drinking buddy, Art Laffer:
"There is no stimulus from a rebate, period."
Art goes on to say that it is even worse than zero if you take into account the substitution effects, economist-speak for getting-something-for-nothing-produces-nothing-productive-in-return.
"Ask yourself why not a $40,000 rebate per person, indexed for inflation of course, if a $600 rebate is so good. Heck, why don't we give rebates equal to GDP, so that everyone who doesn't work and doesn't produce receives everything, and all those who do work and do produce receive nothing?"
If you are interested in a little elementary economics, read his piece in the WSJ at That 'Stimulus' Nonsense - WSJ.com.
__________________
Mike Young & Rosemary Nelson
Bowlus Road Chief "Endymion"
BMW X3 xDrive 28D
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05-03-2008, 08:28 AM
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#46
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Rivet Master
Join Date: Mar 2003
Posts: 2,190
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I am going to buy some trees for the backyard campsite
There is a joke in there somewhere involving something that doesn't grow on trees. I am still working on that. But here is on old joke.
Give a man a fish, and he will eat for a day.
Give a man a fishing pole and he will drink beer.
Not so funny, but true
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05-03-2008, 08:44 AM
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#47
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Moderator
2004 30' Classic Slideout
Fenton
, Missouri
Join Date: Mar 2002
Posts: 10,403
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Quote:
Originally Posted by Fiamma
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Thanks for the link. I just did post some early initial observations.
Jack
__________________
Jack Canavera
STL Mo.
AIR #56 S/OS#15
'04 Classic 30' S.O.,'03 GMC Savana 2500
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05-03-2008, 08:52 AM
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#48
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Rivet Monster
1975 31' Sovereign
1980 31' Excella II
Sprung Leak
, North Carolina
Join Date: Jun 2003
Posts: 7,172
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Quote:
Originally Posted by overlander63
Down payment on a tank of gas...
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Ain't THAT the truth...new record fill up Friday...$135 worth of diesel
Aaron
__________________
....so many Airstreams....so little time...
WBCCI #XXXX AIR #2495
Why are we in this basket...and where are we going
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05-03-2008, 09:17 AM
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#49
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Rivet Master
1994 30' Excella
alexandria
, Kentucky
Join Date: Aug 2004
Posts: 2,314
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Just another election year scam that was used in 2002 by both political parties. Rebate - it was my $$ to begin with.
What else do you do with it - buy Airstream parts!
If you really want to stimulate the economy - purchase something that is NOT manufactured in a foreign land..........
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05-03-2008, 09:42 AM
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#50
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Mouse Nest Hunter
1961 28' Ambassador
Sherburne
, New York
Join Date: Apr 2004
Posts: 160
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Probably a Vanguard mutual fund. That way my $600 will be worth about $25,500 in 30 years when I'm ready to retire. (That's if I can get a realistic 12% return).
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05-03-2008, 10:20 AM
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#51
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Rivet Master
1989 29' Land Yacht
Mesa
, Arizona
Join Date: Feb 2006
Posts: 1,804
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Goverment FREE stuff.
I am going to save my rebate $ to pay for the FREE medical insurance that some politicians want the government to give us for FREE.
What ever became of Americans that took responibility for they own lives?Now they think the government should bail them out of there own mess and give them everthing for FREE.What part about there is NO free lunch do they not understand?
__________________
Live every day as if it is your last one and one day your going to be right.
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05-03-2008, 11:42 AM
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#52
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Rivet Master
2016 23' International
Centennial
, Colorado
Join Date: May 2006
Posts: 1,684
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ummmmmmmmm.....not sure what I will spend it on. Maybe cash it and put the money under the mattress for a rainy day
__________________
Steve "Centennial Man"
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05-03-2008, 11:44 AM
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#53
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Rivet Master
1956 22' Safari
2015 27' Flying Cloud
Vintage Kin Owner
Conifer/Evergreen
, Colorado
Join Date: Feb 2002
Posts: 12,702
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Well, the "gov'ment" says we make too much money to get one of their stimulas checks...yeah, right! However, we got bonuses this week to more than make up for theirs...we're going to Cabo San Lucas, take a week long siesta from the restoration project. Ahhhh~
Well... maybe they 're right ~
Shari
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05-03-2008, 11:56 AM
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#54
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Rivet Master
1968 30' Sovereign
1959 18' "Footer"
1954 22' Flying Cloud
Brussels
, Wisconsin
Join Date: Jul 2006
Posts: 615
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Check from the Man?
You have got to be kidding, we won't see one of those in our house. But we did pay a record amount in taxes last year. I don't get it..............
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05-03-2008, 01:09 PM
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#55
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Rivet Master
Join Date: Mar 2004
Posts: 2,183
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What I am doing with my check...
Giving it to the Arabs.
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05-03-2008, 01:26 PM
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#56
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Patriotic
1973 23' Safari
North of Boston
, Massachusetts
Join Date: May 2002
Posts: 4,546
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Quote:
Originally Posted by InsideOut
Well... maybe they 're right ~
Shari
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ya think??
You people crack me up. I'd need at least a hundred more "stimulus" checks to make me "inelligible".
anyone care to trade?
tough problem to have. really. I feel for ya.
__________________
Air:291
Wbcci: 3752
'73 Safari 23'
'00 Dodge Ram 1500 4x4 QC
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05-03-2008, 01:36 PM
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#57
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2 Rivet Member
Currently Looking...
Tiny spot on the map
, Michigan
Join Date: Apr 2008
Posts: 62
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Quote:
Originally Posted by myoung
from my old friend, teacher, and pizza-eating/beer-drinking buddy, Art Laffer:
"There is no stimulus from a rebate, period."
Art goes on to say that it is even worse than zero if you take into account the substitution effects, economist-speak for getting-something-for-nothing-produces-nothing-productive-in-return.
"Ask yourself why not a $40,000 rebate per person, indexed for inflation of course, if a $600 rebate is so good. Heck, why don't we give rebates equal to GDP, so that everyone who doesn't work and doesn't produce receives everything, and all those who do work and do produce receive nothing?"
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While stepping carefully to avoid both economic and political debate, I feel compelled to say that I know a great many hard-working and productive people who are getting those checks. I'm sincerely happy for those who don't qualify, because it means that $300 to $600 per person doesn't make the difference between having health insurance for the next quarter or being able to fix your vehicle or even make your rent. Or in my case, which is slightly less dire, being able to give almost the entire amount to my veterinarian. ($25 is going toward that Tradewind raffle, though!) Not that the stimulus checks are a problem-solver, but that they do make a difference for quite a number of people. And pets. And based on this thread, they'll be doing quite a bit for Airstreams!
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05-03-2008, 02:14 PM
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#58
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Moderator Emeritus
1972 31' Sovereign
High Springs
, Florida
Join Date: May 2002
Posts: 2,311
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Investing in ethanol stock.
__________________
ARS WA8ZYT
2003 GMC 2500HD 4X4 D/A Ext. Cab
Propane Powered Honda EU2000i
Lots of Hot Sauce!
Air # 283
WBCCI 1350
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05-03-2008, 02:26 PM
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#59
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Rivet Master
1972 25' Tradewind
North Vancouver
, British Columbia
Join Date: Feb 2006
Posts: 3,421
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Quote:
Originally Posted by pattersontoo
Giving it to the Arabs.
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If, by that, you mean for gasoline, chances are you're giving it to us Canucks
__________________
Cameron & the Labradors, Kai & Samm
North Vancouver, BC
Live! Life's a banquet and most poor suckers are starving to death! - Mame Dennis
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05-03-2008, 03:07 PM
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#60
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Contributing Member
2018 Interstate Grand Tour Ext
Austin (Hays County)
, Texas
Join Date: Jun 2002
Posts: 7,164
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A Tire Pressure Monitor
Yesterday, a friend lost his 3rd tire within a month (2 failures yesterday) with substantial damage to his 32 Limited. He had just checked the tires at a rest stop . They were E-rated Greenball tires, fairly new. His trouble was partially that he didn't know he had lost a tire until his wife commented on a new noise. By that time, he was emitting a cloud of smoke and chunks of rubber.
That impelled me to order a tire monitoring system today. It may help me stop or slow before it gets to the damage point.
__________________
John W. Irwin
2018 Interstate GT, "Sabre-Dog V"
WBCCI #9632
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