Do Government Stimulus Packages Work for the Economy?
Most economists feel that the current stimulus package crafted by the Bush Administration and Congress is the least effective type of stimulus package. The type of spending that the up-and-coming rebate checks will generate will be for the people to buy mostly imported consumer products, which will just send the larger portion of the money back out of the country. There is also the problem that the rebate money that is being sent out to the public, is not money that was generated within the US. The rebate money is money that has been borrowed from other, creditor nations and the US government will be paying interest on it for years to come.
