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[Jay w]

what amazes me is that government genuinely believe that by reducing interest rates or abolishing stamp duty they will automatically restart the economy.

When are they going to realise that there is a large portion of the country who now do not have a disposable income, they have over extended themselves so much that they have nothing left with which to pay back what they owe.

Reposessions are on the up, personal bankruptcies are on the up, IVA's requests have gone through the roof and people seeking advice from specialist agencies such as citizens advice or consumer credit counselling service have now got so bad these people have waiting lists!!!!

The economy will not recover until most of this debit has been paid back or the financial organizations recover from the loss due to their customer declaring bankruptcy.....so we could be looking at this gong on for at least 5 years!!!!!

what have the government done......the square root of F.A.

[HerefordElite]

There is no shortage of money in this country. Not when we can supply £10million for mosquito nets, legal aid for foreign prisoners to sue our prison service, write £3billion in DWP overpayments off, employ cotton nappy outreach co-ordinators, give alcoholics money every day for drink etc etc. I bet OOF members can think of lots of other worthy causes as well.

  got to laugh coz crap like that make my blood BOIL - when times are hard everyone tightens the purse strings apart from council's/local government they just carry on inventing BS positions for the sake of it - bloody do-gooders.

(kicks soap box back into corner and contemplates bed )