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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (447825)	1/15/2009 5:06:18 PM
From: michael97123	Read Replies (1) \| Respond to of 1588060

debit card cannot be used to pay down debt, just for new purchases at stores.

To: Tenchusatsu who wrote (447825)	1/15/2009 5:09:46 PM
From: combjelly	Respond to of 1588060

"There is still LOTS of debt to pay down, as the article I linked to pointed out." Correct. Which is why direct payments or tax cuts won't do anything. And that is why they are pushing infrastructure improvements and the like as the best approach. Carrying a debt load is a lot easier if you have a secure, decent paying job. If you are worried your paycheck may bounce, then your debt looms large and you are going to be more frugal. Although, thinking about it, michael's plan could work if the receiver has no other choice than to spend it.