Soldato
Well, reading between the lines of some private Fox vs DD slapping, I still don't understand how making business more money is supposed to be more useful to economy than what it was originally introduced for.
The idea is to get people spend money again. Not just on small items - they want the shopping spree back in fashion. They want you to go and buy that stuff you postponed. Many of us don't get to see much father than cozzy, stable for a while IT market but you have to remember what happened when the banks badly invested our money and lost most of it on letting Chantelle buy her plywood trailer in Pensylvania based on her projected door to door Tupperware sales income.
The first things banks did was to pull availability of UK credit and mortgages. Not only lack of credit made it harder to get credit card and pay for all those shoes in Mrs.Shopoholic closet but it actually collapsed the biggest cashcow this country had for decades - housing market. Not because people didn't want to buy houses any more but because no one would lend them unless they had ef loads of it in the first place. Which no one was prepared to have, as it all happened very quickly. And so we went from fully swung shopping spree fueled additionally by fantastic exchange rate against just about everything to zero in matter of days, not even weeks. Once the housing market collapsed, the ground broke under DIY, furniture, household goods market, your boilers, cookers, windows, building trade, flooring, painting, carpeting, you name it. All the businesses where you need people to spend tens of thousands of pounds, all of that gone stale in weeks. I should know, I closed the door on my part time business as well. As a double whammy - the clientele left in the shops looking at those sofas, carpets and tv sets can't get credit as readily as they used to. And it spreads like a disease, because the less business, the less plumbers buying yutes and pickup trucks, less builder's wives going nuts with wallet at Debenhams, less plasmas bought by carpenter's kids for new football seasons. So on, so forth. You get it. And this is where keeping 2.5% of no money walking in to the store is much worse option than kick starting customers to actually spend cash and start pouring money back to business and by default back to taxman vaults. The money is to motivate me or Fox, to go and start spending. This VAT cut would be much deeper and much more prenounced if it wasn't for the EU rule which prohibits VAT lower than 15% in any member state.
Now, the reason why computer high street store's decision to go for "it will cost us staff hours and will only save £1 on £40 purchase" is incredibly stupid is not only because it makes the particular store greedy ("well if it's "only" £1, then why don't you pass it on, a-holes?") but also because it now makes them look like even bigger rip off compared to already cheaper and now additionally cut prices on the net.
The idea is to get people spend money again. Not just on small items - they want the shopping spree back in fashion. They want you to go and buy that stuff you postponed. Many of us don't get to see much father than cozzy, stable for a while IT market but you have to remember what happened when the banks badly invested our money and lost most of it on letting Chantelle buy her plywood trailer in Pensylvania based on her projected door to door Tupperware sales income.
The first things banks did was to pull availability of UK credit and mortgages. Not only lack of credit made it harder to get credit card and pay for all those shoes in Mrs.Shopoholic closet but it actually collapsed the biggest cashcow this country had for decades - housing market. Not because people didn't want to buy houses any more but because no one would lend them unless they had ef loads of it in the first place. Which no one was prepared to have, as it all happened very quickly. And so we went from fully swung shopping spree fueled additionally by fantastic exchange rate against just about everything to zero in matter of days, not even weeks. Once the housing market collapsed, the ground broke under DIY, furniture, household goods market, your boilers, cookers, windows, building trade, flooring, painting, carpeting, you name it. All the businesses where you need people to spend tens of thousands of pounds, all of that gone stale in weeks. I should know, I closed the door on my part time business as well. As a double whammy - the clientele left in the shops looking at those sofas, carpets and tv sets can't get credit as readily as they used to. And it spreads like a disease, because the less business, the less plumbers buying yutes and pickup trucks, less builder's wives going nuts with wallet at Debenhams, less plasmas bought by carpenter's kids for new football seasons. So on, so forth. You get it. And this is where keeping 2.5% of no money walking in to the store is much worse option than kick starting customers to actually spend cash and start pouring money back to business and by default back to taxman vaults. The money is to motivate me or Fox, to go and start spending. This VAT cut would be much deeper and much more prenounced if it wasn't for the EU rule which prohibits VAT lower than 15% in any member state.
Now, the reason why computer high street store's decision to go for "it will cost us staff hours and will only save £1 on £40 purchase" is incredibly stupid is not only because it makes the particular store greedy ("well if it's "only" £1, then why don't you pass it on, a-holes?") but also because it now makes them look like even bigger rip off compared to already cheaper and now additionally cut prices on the net.
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![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
