Michelle Obama: $600 Stimulus Check Was Only Enough For A Pair Of Earrings
Maybe...if you buy the sort of earrings the wife of a US Senator who makes a big salary because her husband got her boss a big, fat earmark would wear.
Democratic presidential candidate Barack Obama’s wife, Michelle, complained the government’s $600 economic stimulus check was only enough to buy “a pair of earrings” while stumping for her husband.
“You’re getting $600 - what can you do with that?” Mrs. Obama said in Pontiac, Michigan last week. “Not to be ungrateful or anything, but maybe it pays down a bill, but it doesn’t pay down every bill every month. The short-term quick fix kinda stuff sounds good, and it may even feel good that first month when you get that check, and then you go out and you buy a pair of earrings.”
Kind of hard to campaign as the people who represent the little people when you’re talking about your $600 earrings and your husband is going about Iowa bemoaning the price of arugula.
All joking, and evidence of the Obama’s family complete lack of common sense, aside I actually agree with what Michelle Obama was getting at here. The rebate checks were a one-time thing. You spend them, and they’re gone along with any stimulus they may or may not have done for the economy.
If we want long term economic stimulus we need tax cuts, which would put more money in the pockets of Americans by letting them keep more of their paychecks every single pay day. The stimulus from that money would be robust and lengthy, though somehow I don’t think that’s quite what Michelle was getting at.

