MAY 2008
DON'T SPEND IT ALL IN
ONE PLACE
If you are a tax payer like
me, then sometime before the middle of July the federal government will
be sending you a check for $600. The philosophy behind the tax rebate
is that the instant cash will entice us to spend money we otherwise
would not have spent. Economists calculate that most Americans will
immediately go out and spend their rebates on discretionary items,
stimulating our economy and heading off a looming recession. I don't
know of anyone who isn't looking forward to the $600. With skyrocketing
oil prices and the impact inflation has had on buying power most of us
won't be making major purchases with that money. In reality most of us
will spend it on essentials such as gasoline and groceries, which
typically doesn't stimulate the economy. More than 130 million tax
payers are expected to receive a rebate. Just think what we could do
with that money if every American got together and invested it.....Who
knows we might be able to keep our faltering Social Security System
afloat for a few more years. Maybe we could use it to provide health
care for the 48 million Americans who can't afford it. If our elected
officials really want to stimulate the economy, maybe stabilizing the
future of Social Security or solving our domestic health care woes would
be a good place to start.
PAC
Our current PAC campaign is
doing well. So far we have about $150 in new pledges, with more coming
in daily. If you want to get in on the 2009 drawing, you must have your
pledge turned in before May 30th. If you would like more
information about our PAC, give me a call at 924-2650, or log on to our
web-site at www.local338.com
Don't forget.....our next
Union meetings will be held on May 13th at 7:20 a.m. - 3:20
p.m. - and 7:20 p.m. I hope to see you there.
In Solidarity, Dan Wilson
