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I heard that the much of the last one did go toward credit card debt and
savings...... the people that get the next one... may not have credit
cards...... if they are targeting low income tax bracket people.
----- Original Message -----
From: "Ira Tunik" <irat@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, November 09, 2001 9:42 AM
Subject: Re: [RT] Debt
> could the next one go to paying down credit card debt?
>
> Earl Adamy wrote:
>
> > I read within the past few days that only 20% of the tax rebates were
spent,
> > the rest went into savings and debt paydown. I suppose that if the next
> > package goes to those who have to spend it there will be spending but
> > otherwise, from the standpoint of economic stimulus, looks like another
> > waste of the surplus.
> >
> > Earl
> >
> > ----- Original Message -----
> > From: "Dorothy K. Carter" <dorothy.carter@xxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Thursday, November 08, 2001 4:17 PM
> > Subject: Re: [RT] Debt
> >
> > > corp name...... and the corp calendar to float more debt continues...
then
> > > there is the consumer....... DEBT... DEBT .... DEBT......It not just
the
> >
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> >
> >
> >
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