Not that its really going to solve much of the crisis we are in but the government hopes it will stem the bleeding of our economy. According to President Bush, “The money is going to help Americans offset the high prices we’re seeing at the gas pump, the grocery store and also give our economy a boost to help us pull out of this economic slowdown”
I’ll tell you where a lot of that money is going to go if it hasn’t already. Taxes. Yep, most average Americans are putting the money they owe on taxes onto their credit cards which just makes the situation worse and many are going to apply this rebate to those credit cards.
Not me. I’m buying a new bed and some much needed shelving for our house which should be about $1k of the $1500 I’m getting. That leaves a little money for investing and groceries. Sure, I could pay down more of my credit card debt but I’ll let my regular paycheck do that. 
