Monday, May 24, 2010

Time To Sell Shares.....

..... in 18-30 holidays.

Child Trust Funds were always a sure indicator that the last government had simply started spending money for its own sake.
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3 comments:

Quiet_Man said...

Were I elligible to vote I'd probably choose the one I thought might make them unelectable for a generation or two. Abbott or Balls, tricky choice.

3:09 PM, May 24, 2010
James Higham said...

It has to be Balls - Abbott is at least coherent, unfortunately.

8:39 PM, May 24, 2010
Matthew said...

I actually thought this was a good policy, it trusts people to make their own spending choices (which reading some comments on the BBC shows a lot of parents don't - probably an infallible guide to their being bad parents) and was a bit of forerunner of CBI, which I think the best welfare policy, if sadly not very realistic.

What the government should have done is simply declare them 'child trust fund tax credits' and then everyone would have been happy, a bit like ISAs.

8:19 AM, May 25, 2010

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