Like nearly every Gov scheme,that’s what we call them in UK English but scam may be a more fitting term for my adopted country, those that already behave sensibly have to subsidize those adults stupid enough to buy too much car or house.
I would love to spend more time with my kid, work less and hell yes I would like to have a larger house and faster car. I don’t. I bought a sane car that gets 30+mpg, oh wait have 2 cars that get 30mpg. An affordable ( under 1/2 the loan I could have gotten) house whose valuation had been hit,hard. Sadly we earn to0 much to get a reduction on the loan. Earn too much for EVERY frigging thing we’re asked to fund for people that claim through no fault of their own that they couldn’t possibly save or live in a smaller place or drive a vehicle with sub 20″ rims.
There is a rational argument for one of us to quit working, and the other to take a job with 50% of the wages because it’s as near as dammit to breaking even. Hell I should just quit altogether judging by the liberating feeling one has from being out of work.From Newsweek
This theory has played in showrooms, where consumers like Ellen Ribitzki of Ringwood, N.J., recently traded in her General Motors sport utility vehicle for a Santa Fe Hyundai. Though she and her husband are currently unemployed, she called the deal too good to pass up. “We do a lot of traveling and that engine light kept flashing on and off,” she says about her old SUV. “It was a good incentive.”