>However, I'm getting $800 for my wanton
>breeding habits, and I'm going to make a healthy payment on my
>bloated line of credit at my credit union. How many other people
>are going to do that, and does personal debt reduction have any
>stimulative economic effect?
No. Personal debt reduction is a big drag!
It seems a lot of people did that with their $300 checks last year - saving or debt reduction (same thing, more or less).
Doug