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#welfare

8 posts7 participants1 post today
Continued thread

"It’s worth noting that, while governments have an obsession with efficiency, it’s still limited solely to cost-cutting. There seems to be little interest in, for instance, making access to #welfare payments more efficient, or #healthcare, or #childcare, as any parent who has battled on their laptop deep into the night trying to conquer the tax-free childcare scheme knows. No, efficiency is only important when attempting to immediately maximise profit."

Replied in thread

@therightarticle
''The two measures will raise about £500 million by 2030. "
No they won't. That's money that simply won't ever become part of the economy. It won't be spent into local economies. It won't help pay wages or increase trade locally. It won't be taxed because it won't have ever existed.
It will not be raised. 'Savings' simply means, here, money never created.
#MMT #welfare
thecanary.co/uk/news/2025/03/2

Canary · BREAKING: another £1.6 BILLION of DWP cuts could be coming as Reeves messed up her figuresBREAKING: another £1.6 BILLION of DWP cuts could be coming as Reeves messed up her figures from Canary on 25 March 2025