|The government has promised all sorts of schemes to boost the economy and relieve the effects of the Brown Slump. Strangely, the cash seems to be flowing only into the government's coffers (and those of its mates) and|
not out to the people who are supposed to receive help.
Where The Money Should Be Going But Isn't:
The Homeowner Mortgage Support Scheme was announced in December 2008. It is supposed to let householders who have been made redundant defer mortgage payments for 2 years.
Internships, a plan for major companies to train jobless graduates, was announced in January 2009.
Recruitment Subsidies were announced in January 2009. They are payments of up to £1,500, which will be made to firms to help them train recruits.
The Guarantee Scheme for Asset-Backed Securities is a government for banks holding corporate debt, etc. It was announced in January 2009
The Asset Protection Scheme was announced in January 2009. It is a Treasury scheme to insure part-nationalized banks against 'toxic debt'.
The £20 billion Working Capital Scheme was heralded by Lord Mandelson of Green Custard as the saviour of the universe in January 2009.
What The Money's Going On:
MPs' salaries - up 9%
Where the money's coming from (2009/04/01 onward)
Petrol tax up 2p/litre
When the government produces statistics to 'prove' that it's making a difference, prices are going down and everything in the garden is rosy again, it's all just spin and lies.