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In America, taxpayers stopped receiving cash stimulus payments from the government.
"Our goal is to drive consumers into stores, and we have found that the cash stimulus really does create a change in consumer behavior," he said.
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Retailers are on the edge of their seats waiting for consumers to cash those stimulus checks in the coming weeks and run to the stores.
In other words, most people will be cashing non-stimulus checks.
To be highly effective as stimulus, cash aid must be targeted to needy populations.
The Obama administration rejected Gov. Mark Sanford's request to use $700 million in federal stimulus cash to pay down state debt.
For a second time, the White House has rejected Gov. Mark Sanford's bid to use federal stimulus cash to pay down state debt.
Mr. Sanford, a Republican, had asked to use $700 million in federal stimulus cash to pay down school bonds and other debt.
But with the lure of cash and the stimulus of working with business comes a hazard to universities' most precious asset – their reputation for academic independence.
With only 15percentt of the cash spent, the stimulus has already saved more than 500,000 jobs, according to separate estimates by Moody's Economy.com and HIS Global Insight.
Call it clunkers for cash, a reverse stimulus program that brought the city $8.8 million last year, while teaching industrious New Yorkers to recycle something much bigger than a milk carton.
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