The WSJ reports, to the relief of the White House and Capitol Hill, no doubt: “U.S. retail sales increased in May, rising double the rate expected in a sign consumers were using stimulus payments and that the economy might not be as weak as feared.” Whether or not this is really evidence of the “success” of the government stimulus package, you can be sure that it will be proclaimed as such from on high over the next days and weeks.
We can have a good debate about the best place to send your charitable dollars (and the Samaritan Guide is a great place to start that conversation), but at least here’s an example of someone who didn’t run right out and buy an air conditioner or a flat-panel HDTV.
(Marc, it looks like the government’s fears may have been misplaced. You can finally rest easy.)