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Last Thursday, the U.S. Department of Commerce announced the nation's gross domestic product increased at an annual rate of 3.5%, in part fueled by the federal Cars Allowance Rebate System, prompting reports that the recession is over.
These discounts, for payments that are often not prompt at all, are really rebates under another name.
Prompt service.
Prompt refunds?
I found evidence that the rebate abuses are continuing, now under the name of "prompt payment discounts," under an Agriculture Department loophole.
He cut deeply into a property-tax rebate program and cut aid to schools by more than $800 million, prompting many districts to ask for more from their residents.
% prompt.
A rebate check.
Her rebate was denied.
Keeping the rebate?
In addition to having been passed over by the last rebate, low-income people are more likely than wealthier people to spend any windfall they receive -- and prompting people to spend more is the whole point of the exercise.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com