Anorak | Cutting Benefits Works!

Cutting Benefits Works!

by | 8th, March 2012

YES, yes, we know, they’re really only Tory Bastards intent on grinding the faces of the poor into the dirt. However, this process of grindingthefacesofthepoorintothedirtbycuttingbenefits does in fact work.

It reduces unemployment, you see?

It shouldn’t come as much of a surprise to anyone who has been paying attention that the registered unemployment rate is pretty meaningless these days. So many people have been offered the slightly better terms of early retirement, incapacity benefit and the like that the number sitting around doing fuck all and waiting for the cheque from the taxpayers is a multiple of those we call “unemployed”.

It’s been going on a long time too: I certainly recall Maggie doing it and those with longer memories might recall cases before that.

So, we’ve really two things to look at: the portion of the working age population which isn’t working and then also those actually registered as unemployed. The former has been rising strongly in recent decades as statistical tricks have been tried to stop the latter rising too alarmingly.

But, of course, what really determines the future is not how many people are claiming dole as opposed to incapacity. What really matters is what portion of

You have already read 1 premium article for free today
Access immediately the premium content with Multipass

Or come back tomorrow

Posted: 8th, March 2012 | In: Money Comments (3) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink