The engine is revving up to full throttle. MSN Money is reporting that the economic stimulus rebates are going to be sent out earlier than planned. This is certainly a response to the perceived crisis in the economy. All direct-deposit rebates should be sent by May 2. Paper checks will be mailed according to the recipient's Social Security number.
MSN calls this "good news" in a time when consumer confidence has reached a 26-year low and gas prices continue to rise (they just hit $4 per gallon in Fresno). Yesterday President Bush said,
The money is going to help Americans offset the high prices we're seeing at the gas pump, the grocery store and also give our economy a boost to help us pull out of this economic slowdown.
Whether you plan to save it -- a good idea given the economic downturn -- invest it, spend it to cover rising food and fuel costs, or take advantage of retailers' special rebate offers, consider it a gift from Uncle Sam.
A gift? The answer to an economic slowdown? What will you do with your rebate? I have had a number of people tell me they are also looking for ways to opt out of the consumption narrative - a story that so engrosses us we can't even recognize ourselves as the lead characters. I continue to ask, "Why isn't sharing an option for most Americans?" Read my previous posts if you're looking for a theological perspective on the issue.
Get ready for warp speed, factor nine. Engage.