problem is, the 1% interest rate or 1.5% currently, isn't being reflected in loans and mortgages, although my mortgage payments are the lowest they been in years. The issue isn't the spending, it is the fact that businesses rely on a constant give and take of credit/debit with the banks, the banks now taking their ball, and aren't playing, so these businesses have no money stashed to tide them over.
I don't think, no matter how much we 'spend' all that will do is prop up ailing businesses and increase personal debt. It is about time the government got tough on employment, and immigration.
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