Submitted on Wednesday 1st February 2012
Published on Thursday 2nd February 2012
Current status: Closed
Closed: Saturday 2nd February 2013
Signatures: 8
Give everyone in England and Wales £10,000 to boost the economy.
As an alternative to the Bank of England continuing to give billions of pounds to the banking sector to promote growth (which has failed to work), a cheaper and more cost effective solution would be to give everyone £10,000 to spend. This would have the effect of helping businesses, boosting growth and ideally create a healthier economic environment. Even if some people failed to spend the money, this is likely to be a minority and there would still be more money coming into the economy than currently being provided by the banking sector.
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3.21.105.21 Thu, 14 Nov 2024 22:43:36 +0000
