I believe that the greatest economic stimulus package that could have ever been implemented is LOWER GAS PRICES.
Seriously. I believe that super-high gas prices forced people to trim their spending to essentials and to restructure their spending – including eliminating gas hogs. Now that gas prices have eased there is extra money each month.
I do not know about you, but I saw a ton of people at Wal-Mart on Black Friday shopping with cash.
The average American family is getting an extra $50 to $200/month simply because of lower gas prices. That equates to an extra $600 to $2,400/year.
What do you think?