Simplistic policies call for simplistic criticisms.Let us hear why then, I am sure you have brilliant responses to the article rather than simplistic statements, much like Panzers.
Neither the article nor you - until responding to paps post - said that there was a limit on the government doubling. Why shouldnt I take advantage of such an offer?The whole point is that it is a form of savings account. Money goes in and cannot be touched until the child is 18, and all money which goes in is doubled by Govt. You may come from a background and family where that kind of thing and the kind of money available to put aside in an account such as this is easy - this is aimed at precisely the people in which it isn't. That is why it is such a good policy. On top of this it creates a saving culture, to try and get us out of our spiraling and uncontrollable debt we are racketing up.
Its the truth, and Im trying to show you the fallacy in this policy. The more money you have, the more money the government will double.It clearly shows that you have no idea about the situations of the families the policy is there to help when you make statements such as this -
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Hell, I could probably put over a million in over the course of 18 years, that makes a million pound profit for the family - unless your kid hates you.
Im not ashamed that I live well and have plenty of money - that would make me a liberal.If you believe a single mother on the minimum wage can set aside £500,000 while bringing her child up then you are living on another world. It really does seem you have no idea, but then again that is probably why you hold the opinions you do. A bit more experience of what people go through and we might save you yet.![]()
You seem to be acting like my criticisms dont count because I dont understand poverty. What you dont seem to understand is that this policy leans toward the wealthy. More money in the account means more money doubled by the government. That would mean kids from wealthy families start off richer than kids from poorer families.
Now the article doesnt say anything about caps on the money, but if you claim there are then thats a different story. You cant expect to post an article and assume that people know theres a limit when it doesnt say that.
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