I know what my share of our $1500 will be going towards when it comes in the mail and it won't be a purchase. Nope, I will be trying to make ends meet. Yeah, I know the cash is suppose to buy some major item or two thar the household would not be able to otherwise see in this recession. Yes, it is finally called a recession!
Instead of buying all the things I have only dreamed of in the last few years, I will be putting my windfall toward the bills I barely cover each month. Since, my credit card bills and their monthly minimum payments doubled a few years ago as did my weekly gas cost, I will forgo the new carpeting I need for another year.
Quite frankly, getting $1200 per married couple and $300 per minor child doesn't even make an extra mortgage payment in my world. My little compact car will cost more than that to run this year. Especially, if a gallon of gas stays around $4.00.
Add to that total: the cost of health care, college tuition, interest rates on credit cards, insurance premiums, and even corn (using it as an additive in gasoline has increased the price at the supermarket) and I wonder how bad the economy can get before it gets better.
Thanks, President Bush for nothing and I mean nothing.
