Saturday, January 26, 2008

Patriot dreams

"With unprecedented speed and cooperation, Congress and the White House forged a deal Thursday to begin rushing tax rebates of $600 to $1,200 to most tax filers by spring, hoping they will spend the money just as quickly and jolt the ailing economy to life." Full story

The only hitch in the plan is the possibility that consumers might actually save the rebate instead of spend it. Ever willing to do her duty for her country, Emily assured me last night that she had already devised several plans for plowing her rebate back into the economy. As proof of her valiance in her long running battle against economic recessions, she showed me this:

This is a snapshot of her discretionary spending envelope (or Mvelope, if you will). For you non-accountant types, the signicant column is the one on the far right. As you can see, it's been in the red, well, indefinitely. In short, bad for me, good for you (and the rest of the world economy).

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