households spent 20-40 percent of their rebates on non-durable goods during the three-month period in which their rebates were received and roughly another third of their rebates during the subsequent three-month period.
households spent 20-40 percent of their rebates on non-durable goods during the three-month period in which their rebates were received and roughly another third of their rebates during the subsequent three-month period.
Rebates amount to little more than shuffling money around ... It's a very inefficient way to allow people to spend their money as they wish. [Rebates] won't do much harm, but they won't do any good.
Mail-in rebates are often a lot of hassle ... You have to mail them in, cut the UPC off the box. Mr. Rebates is totally automatic.
Last year, I said these rebates were not sustainable and it was an election-year gimmick, and now the rebates have been cut