'low the shopping people

We all know that we are in a recession right? We also all know it's quite likely that a lot of companies have waited to lay people off until the New Year which is in a few days' time right? Why then are people lining up in the early hours of the morning to plonk down their hard earned for handbags and jumping plastic robots? I keep seeing people on TV pushing and shoving in post Christmas sales to buy stuff. Unless these people are independently wealthy that doesn't seem smart at all.

This type of behaviour just encourages the government to indulge in useless activities (like lowering VAT by 2.5%) that they think will stimulate the economy. People are losing jobs ergo they are losing their ability to pay for things. There are also now fewer jobs out there. Surely, some mechanisms that protect jobs and protect the payments people have to make will be more useful that making it easier to buy stuff?!!!

How about forcing the banks to pass on the interest rate drops? Some are waiting up to 2 months to pass them on and some won't pass them on at all.

How about making the power companies pass on the drop in oil prices?

How about making mortgage companies work out sensible deals with customers in financial difficulty so that they can pay what they can instead of re-possessing houses they will not be able to sell?

Any by 'making I mean legally forcing them to. This method whereby the British government hopes that the banking industry will do the right thing has been proved to be wrong - they aren't and I believe they won't. It's time to give the ordinary person a bailout now and stop coddling those who don't have any morals.