As Mr Darling sets out his stall in an attempt to pull us back from the brink of the precipice I question his logic.

If as the BBC financial pundit Robert Peston puts it:

The bulk of the tax cuts will be directed at those on lowest incomes, partly because they have the highest propensity to spend

I feel that the only people to prosper from this would be the local off licence, the book makers, Primark and Aldi.
If the intention is to stimulate spending in ‘real’ shops then focus the tax cuts on the working classes, they would be more inclined to spend now as confidence in saving and banks is at an all time low. I myself would rather spend my extra cash on something more tangible now that prices are more ‘realistic’.

So come on Mr Darling give us poor working class a chance to celebrate a Happy Christmas…….