Debt Relief - How Stimulus Money Has Created a Very Advantageous Market

Many people will argue that stimulus money has recently played an important role in the reinvigoration of the US economy due to increased consumer spending and, in turn, creating employment. Government stimulus packages come in many forms lately: Cash For Clunkers, First Time Home Buyers Tax Credit, etc. Although the benefits of these stimulus packages may seem to come slowly, one cannot argue the fact that there is a great weight beginning to lift from the American people in recent months. The current market appears to be, thankfully, moving right along- creating debt relief and many job opportunities in the process.

Cash For Clunkers is a prime example of both; debt relief and growth in employment for Americans. A large influx of jobs have been created to simply deal with the amount of paperwork many car lots are seeing. Not to mention the salesmen required to handle the sheer number of consumers ready to trade-in their clunkers for a newer, more "green" vehicle. Add to that the personnel required to inspect and revamp older model trade-in's for resale, and you have yourself a small business boom at each participating car lot in America, which does not appear to be "tapped out" any time soon.

A tax credit for first time home buyers brings serious incentives to renting Americans. Those who could merely dream of owning their own home have seen this dream come to reality with the help of recouping the loss of a down payment on a home; what was previously seen as a deep gash in savings. The First Time Home Buyers Tax Credit creates an opportunity to buy a home with virtually no down payment once this tax credit is received. Today, we find that the real estate market is truly a "buyers market". A far cry from what was seen just two years ago when one selling their home had all the advantage. Real estate has become a new and improved employment animal, in-and-of-itself. The need for Realtors, clerks, painters, and home-improvement store employees- has grown in recent months, thanks to first time home buyers seeing their dreams come to fruition.

These are just two examples of how stimulus money has created debt relief and an advantageous market. The American government has created various stimulus packages that will prove to see the economy through to greater times. As we begin to put our fears at ease, the benefits of stimulus money has become a reassuring upswing in the American economy today and these benefits will reverberate in the years to come.

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