1:42pm Thursday 27th March 2014 in Letters
THE Conservatives are mismanaging the economy. Interest rates are low (0.5 per cent), inflation is low, there is a shortage of money in supply. The national debt is not caused by poor and needy people, but by those who are better off with their mortgages, credit cards and bank loans. Inflation is caused by the counterfeit money of the banks (cheques, credit cards and loans). Every time the Chancellor puts up the UK duty on cigarettes, alcohol and fuel, it causes inflation. Surely there is a case for the injection of more money to improve and increase the money supply. There is plenty for all. Cutting and abolishing pay to poor and needy people who are disabled does not help the economy. The sooner this mean, pound-pinching, recession-causing government is gone, the better the economy will be.
Stephen Toomer, Chepstow Road, Newport
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