February 12th, 2009
12:58 PM ET
5 years ago

Cafferty: How stimulating is $13 a week?

 Join the conversation on Jack's blog.
Join the conversation on Jack's blog.

You want to be stimulated? How does $13 a week sound to you?

While the federal government is passing an $800 billion stimulus bill — which works out to about $2,700 for every man woman and child in the country — the average worker can look forward to seeing about an extra $13 a week in his/her paycheck after taxes. This is on top of the $700 billion financial bailout package that was passed last fall and given to the Wall Street and banking weasels.

When I was a kid and was given my meager allowance I was often told, “Try not to blow it all in one place.”

$13 a week. Think you can stave off foreclosure with that? How about junior’s tuition, room and board at college? Maybe trade in the old car for one of those new, fancy hybrids. $13 a week ought to handle it. Or you could plan a lavish trip to Las Vegas and make the whiny old mayor of that town happy.

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