This is not the first time I have despaired of trying to make some sense of HMG's response to a perfectly reasonable question. Here is
one example. Lord Stoddart of Swindon asked HMG, in the light of
recent comments by the Deputy Governor of the Bank of England that made a number of us raise our eyebrows:
what is their assessment of comments by the Deputy Governor of the Bank of England that savers should increase their levels of spending in light of the policy of encouraging people to save for their retirement.
On behalf of HMG Lord Sassoon replied:
The Government are committed to reinvigorating private pension saving. In the short term it is also important that household spending supports demand and recovery in the economy. This contribution to stronger national income now will in turn contribute to stronger saving in the future.
As this was a Written Answer, I cannot ask whether the man is listening to himself but did he not even check what sort of gibberish his civil servants had written?
