Politics and Insights

377683_445086432227557_1770724824_n (1)

The minimum cost of living has soared by a quarter – 25% – since the start of the economic downturn, according to a report from the Joseph Rowntree Foundation, which details the true inflationary pressures facing low income households. The research finds families are facing an “unprecedented erosion of household living standards” thanks to rapid inflation and flat-lining wages.

Cuts to benefits and tax credits have exacerbated the problem over the past 12 months, according to the report. Now we are seeing the hard evidence that the Coalition’s “reforms” are pushing employed people in low paid work and unemployed people into absolute poverty, as our welfare system is no longer meeting basic living needs, and Government policy has distorted the original purpose of our social security, using rhetoric about costs to “the tax payer”, whilst carefully excluding the fact from their monologue that most benefit recipients are also tax payers.

A…

View original post 2,553 more words

Advertisements