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Where did all the money from these stimulus checks come from?
Think about it. The estimated amount of checks being dispersed is in the 800,000s ranging from $200-$1200. At a conservative estimate (only 800,000 $200 checks being sent out), that's $200,000,000 that just kind of materialized.
6 Answers
- 1 decade agoFavorite Answer
we took a loan out from China. go figure, we keep feeding into their economy while ours suffers. the stimulus checks really arent going to stimulate anything. the political party in power during the time of presidential elections always does this kind of bs economy boost or tax refund to support its party.....were gonna need a lot more than $300 a person to get this country back on track
- 1 decade ago
Actually the long year deficit of the USA in trade and household means that they are bankrupt. This can be covered by the loans of Asian and Arab countries and by printing more and more $ notes without a back. It is a question of time until the coverage will be finished.
- Anonymous1 decade ago
this is money we do not have & i agree with cookie its so political its going to take a great deal to straighten this country out were in a astounding amount of debt with china not good at all i cant see how the next president can staighten this mess out anytime soon !!! long road back to recovery hope we get there!!!!
- Scorpius59Lv 71 decade ago
They 're printing extra money right now in the basement of the White Hou$e !
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- Anonymous1 decade ago
I'm guessing its from the tax money that the government has already taken from us. We are paying ourselves, its not really the freebee that they are making it out to be.