Petition Reset the Debt

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The reason the economy is stagnant is because people are not buying anything. They are too busy paying off their debts.

The Government is bailing out the banks. The banks are not passing the money on to the people because they do not want them getting into even more debt.

It is time for the government to invest in its citizens rather than the banking system.

We want the government to pay off all its citizens' debts to enable them to start spending again, thus kick-starting the economy.

The money would have to pay off all existing debts and measures would be put in place to prevent citizens going back into debt.

Those who are not in debt will also receive the same windfall.

This petition is closed This petition ran for 6 months

1 signature

Progress of the petition towards its next target: 1 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 6 December 2012
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