linazelle
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Jan-21-06 01:48 AM
Original message |
I predict that the economy will miraculously improve between now |
|
and April.
How do I know that? Well, it's income tax time--and most people foolishly use their refunds as spending money, thus bolstering the economy predictably this time every year. But you-know-who will take credit for it. Brace yourselves.
|
Ouabache
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Jan-21-06 01:52 AM
Response to Original message |
1. I guess you haven't heard about the IRS delaying refunds this year? |
|
They are holding up the refunds of EIC filers for suspected 'fraud'.
|
unblock
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Jan-21-06 01:52 AM
Response to Original message |
2. two words: seasonally adjusted |
leftstreet
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Jan-21-06 02:04 AM
Response to Original message |
3. "foolishly" use their refunds as spending money? |
|
For some people, it's not "foolish" to spend money on food, clothing or rent.
|
linazelle
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Jan-21-06 02:17 AM
Response to Reply #3 |
5. You're right. For some, it's a necessity. nt |
TlalocW
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Jan-21-06 02:11 AM
Response to Original message |
|
And here's why - under the Bush administration, they tried sort of extra refund amount for the middle class that's really just part of your tax refund for next year. So if you got back an extra $100.00 then next year, if you were supposed to get back $300, you would only get back $200. Well, they were hoping people would go out and spend, but Bush had so fucked up the economy that people used them on bills or credit cards.
TlalocW
|
upi402
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Jan-21-06 02:22 AM
Response to Original message |
6. hmmm... "It sounds like some kind of ploy to me." |
|
-theDick Cheney
on the OBL tape and offer of truce
|
Peter Frank
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Jan-21-06 02:34 AM
Response to Original message |
7. Good Prediction, but Fortunately... |
|
Edited on Sat Jan-21-06 02:34 AM by Peter Frank
...the midterm elections will follow the dog days of summer.
BTW A tax return is spending money. It belongs to those who've overpaid their taxes.
|
no_hypocrisy
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sat Jan-21-06 08:17 AM
Response to Original message |
8. I respectfully request that you address these challenges to your premise: |
|
1. February - Congress and the Senate vote to raise the debt ceiling beyong $8.8 TRILLION
2. March - Possible Iranian oil bourse
3. Oil costing possibly up to and beyong $75 a barrel
4. The Iraqi invasion costs
5. Housing bubble flattening
Thanks.
|
DU
AdBot (1000+ posts) |
Wed May 08th 2024, 04:47 PM
Response to Original message |