President Bush, in one of his many economic speeches, mentioned his "stimulus package" was mean to off-set the decrease in American home values. For those of you actually getting one of these checks (I don't know anyone who qualifies, except my 71 year old grandmother), they will be worth $600 USD.
The average home value fell over 11 per cent this past year (the year the stimulus bonus is drawn from). With the average price of a home in the U.S. set at just over $200,000, that drop in value comes to about $20,000... which Bush gave them $600 to off-set.
Gee, thanks...
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