THIS mean anything to you?
"US stimulates savings more than spending; Consumers used federal funds to boost nest eggs" by Martin Crutsinger, Associated Press | June 27, 2009
WASHINGTON - Households raised their savings rate to the highest level in more than 15 years last month as many used a big boost in money from the government’s stimulus program to bolster nest eggs instead of spending more. Still, with consumer spending expected to stay subdued, a sustained economic recovery seems doubtful anytime soon.
Yeah, right, the GOVERNMENT HELPED you by BORROWING MORE MONEY -- which you will have to pay interest on -- to GIVE YOU YOUR OWN MONEY!!!!
And HAD IT with the LIES, yet?
And HOW MUCH was the BOOST?
The biggest chunk of the income gain in May came from $250 payments for more than 50 million Americans receiving Social Security and other government benefit programs. In all, $13 billion of the one-time payments were mailed last month.
What, NO TRILLIONS like the BANKS?
Related: What the Senate Snuck Into the Stimulus While You Were Sleeping
Yeah, that's my looting liar.
Millions of other workers benefited from the tax-credit part of the $787 billion stimulus plan. That program provides up to $400 for individuals and up to $800 to married couples. Workers began receiving that benefit in April in the form of less money withheld from pay, averaging about $10 per weekly paycheck.
Which is a LOAN!!!
You GOTTA PAY IT BACK when you FILE NEXT YEAR'S TAXES!
Just wondering if this one-sided agenda-pushing puss makes you puke, reader.
The bigger Social Security benefits pushed incomes up 1.4 percent in May, the biggest gain in a year. But it did not cause a similar jump in spending. Consumer spending rose only 0.3 percent. Instead, Americans used their government windfalls mainly to boost savings....
So the government and industry is just throwing out any old contradictory crap and whatever, huh? We are supposed to believe their s*** asses?
I BELIEVE NOTHING from them anymore!
That Americans used most of their government stimulus payments to boost savings rather than increase spending worried investors on Wall Street They’re concerned that the stimulus package that President Obama pushed through Congress might not achieve the desired effect of helping revive the economy.
Not what it was meant for. The thing ending up being STOLEN and a MASSIVE GIVEAWAY to WELL-CONNECTED INTERESTS!!!!
Private economists also expressed concern, saying the next few months will be vital in determining whether the stimulus package works. Many still think about two-thirds of the stimulus payments will be spent.
Oh, PLEASE, PLEASE, PLEASE spend your money so we can profit!!
--more--"
GET UP off your knees, Wall Street.
It's a DISGUSTING SIGHT!
Oh, yeah, **** YOU !
