Why Jeremy Hunt’s budget fails Britain
The evidence of past policy failures is all around us. Since 2010, the real economy has grown by around 1.2% a year and is set to have the weakest growth amongst G7 countries.
The evidence of past policy failures is all around us. Since 2010, the real economy has grown by around 1.2% a year and is set to have the weakest growth amongst G7 countries.
“Even the suggestion that people won’t get it until their 70s will make people feel more distrustful than they already do in the state pension system.”
A roundup of progressive news…
Here’s how we can pay for a vital rise in the state pension next year.
Taxpayers’ Alliance: Cut pensioner benefits because they will be dead by 2020
Taking away the entitlements of wealthy pensioners may be good economics, but it would be incredibly risky for the Tory party.
Older people should of course expect a decent standard of living in retirement. But should they really expect a standard of living which outpaces that of the average worker, especially when the cost of proving it is likely to mean further cuts elsewhere in the welfare budget down the line?
I am used to David Cameron shooting from the hip with knee jerk, ill thought out policies to respond to public opinion but I thought that Ed Balls would be cleverer than that.
Ed Balls is currently making a speech in which he will effectively renege on previous Labour Party statements that universality remained a “part of the bedrock” of the welfare state.
Vicki Purewal, Head of Nesta’s Centre for Challenge Prizes, writes about the challenge of combating isolation and loneliness amongst pensioners and the elderly.