RBS exit plan: £400 share gift for every taxpayer/voter to boost economy

[mertle]

http://www.independent.co.uk/news/uk...s-8497525.html

suprised at this move but one been advocating short shift to try stimulate the economy. The spending spree would give the economy nudge.

The gift according experts would valued at around £300-£400

certainly a novel approach

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As part of the game of political ping pong it knocks spots off Milibands mansion tax curveball

[mertle]

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

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.

Gimme Gimme Gimme.