Quote:
Originally Posted by martyh
certainly a novel approach
---------- Post added at 22:48 ---------- Previous post was at 22:45 ----------
As part of the game of political ping pong it knocks spots off Milibands mansion tax curveball
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I think it originates from usa sure its done it couple times to stimulate a stagnent economy. Sure obama done it not too long back.
Although its a short term mechanism. It will hopefully create jobs as booms. Although experts will say sudden surge spending can damaging, also worry is it goes non british goods purchase.
The other is though good likely many will use it kill off some personal debt. Although honourable it sounds it wont be good if alot do that as it will limit the impact its intentions.