If checks from the government stimulate the economy like this, maybe the government should send everyone a check every month? NEW YORK (CNNMoney.com)—Personal income surged in May as the government’s stimulus payment plan to jump-start the economy took effect, according to a report released Friday. The Commerce Department said individual income shot up 1.9% in May as a result of $48.1 billion economic stimulus payments in the month. Stimulus checks accounted for a huge 5.7% rise in disp
Shocker: Economic Stimulus Checks Increase Personal Spending
June 29th, 2008 · No Comments
Tags: General