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.
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.
ReplyDeleteIt has to be Balls - Abbott is at least coherent, unfortunately.
ReplyDeleteI 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.
ReplyDeleteWhat 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.