Sense and sensibility
WHO could seriously imagine quantitative easing may be the way forward (Letters)?
Surely it is bad enough that the banking institutions have made huge profits in buying bonds on the back of this monetary policy?
If the same amount of money had been poured into the economy through support of lower taxes for the individual and businesses, to remove the hated higher education fees or to increase pensioners’ income, then this would have boosted Britain.
Similarly, if the money paid out in foreign aid was restricted to paying for the services of British companies, it would give a multi-billion-pound boost to the economy.
Contrast this with the manifesto proposals to restrict the incomes of the very people who are most likely to vote Conservative.
To threaten to prevent families from inheriting a nest egg that may be used for over-inflated house prices or to pay off student loans is absolute madness.
I don’t wonder that my children voted for their economic future, without realising they would be paying for it for the rest of their lives.
It depresses me that after a lifetime of being a Conservative, I felt let down by the party.
No, we do not need quantitative easing or Corbynomics. We need common sense. Cllr ANDY BLATCHFORD,
Sandhurst, Berks.