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Anyone Know Where The £12Bn Of Welfare Cuts Will Come From?


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Osborne is such a lightweight.

Just for comparison Denis Healey cut public spending by 3.9% in one year in 1977.

That would be over £25 billion in cuts at today's levels of government expenditure.

Osborne should be in prison IMHO, or at the very least be investigated by the fraud squad

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I think its almost certain as well the freeze on increases in working age benefits will last at least three years,and not two.The problem these cuts have though is they dont affect anyone not working apart from the freezes.

What sort of things would you suggest in that area? Where are the main problems? I don't even know how much you can claim if you aren't working, especially if you have children.

Edited by oldsport
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What sort of things would you suggest in that area? Where are the main problems? I don't even know how much you can claim if you aren't working, especially if you have children.

The most important change is a two child limit.Id slice child tax credit down to £38 a week per child as well.That would solve most of the problems but still keep a safety net.

The problem is because Brown made them so generous there is no point working for people with more than one child unless you earn £35k+.

If Osborne doesnt tackle it tomorrow he will regret it because there is no way they can close the deficit with tax credits as they are.

Whatever the papers say,a two child limit and the removal of most/all working tax credit would solve most of the problems.Lets see what we get tomorrow.

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The most important change is a two child limit.Id slice child tax credit down to £38 a week per child as well.That would solve most of the problems but still keep a safety net.

The problem is because Brown made them so generous there is no point working for people with more than one child unless you earn £35k+.

If Osborne doesnt tackle it tomorrow he will regret it because there is no way they can close the deficit with tax credits as they are.

Whatever the papers say,a two child limit and the removal of most/all working tax credit would solve most of the problems.Lets see what we get tomorrow.

I still think he'll go for contributory ESA - it's an easy target that most people won't understand so won't cause too much outrage - that would save him £5bn

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Didn't Healey inherit a total basket case from the Tories?

Healey's predecessor as Chancellor was the Conservative,Anthony Barber, author of the Barber boom in 1972 and probably the first UK house price bubble I can remember. By 1973 it all went spectacularly wrong and inflation was climbing to over 20%. In fact though Labour and the Union movement get blamed for many of the economic problems of the 1970s more than a few of them were originally created by Ted Heath's Tory Goverment which ran the country from 1970 to early 1974.

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I expect him to hit the disabled, jobseekers even more (if possible) and the young. Nothing to really hurt landlords or big business and those milking high living costs in the UK - so minimal on Housing benefit and tax credits for the families costing a bomb.

The deficit doesn't reduce? He got away with missing targets massively from 2010 to 2015 with the media and public. Why not again?

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I expect him to hit the disabled, jobseekers even more (if possible) and the young. Nothing to really hurt landlords or big business and those milking high living costs in the UK - so minimal on Housing benefit and tax credits for the families costing a bomb.

The deficit doesn't reduce? He got away with missing targets massively from 2010 to 2015 with the media and public. Why not again?

Osborne trick is to talk tough but to do the opposite and hope the financial markets don't notice. Thanks to the likes of the EU and Greece playing elaborate parlour games on debt negotiation for the best part of 5 years he has got away with it. Unfortunately, Syriza by actually defaulting may have called Osborne's bluff as well as the EUs. Moreover, events in China town are going to have an even bigger impact on the world economy. I expect Osbornes number to be coming up in the next 18 months unless he is very lucky.

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The most important change is a two child limit.Id slice child tax credit down to £38 a week per child as well.That would solve most of the problems but still keep a safety net.

The problem is because Brown made them so generous there is no point working for people with more than one child unless you earn £35k+.

If Osborne doesnt tackle it tomorrow he will regret it because there is no way they can close the deficit with tax credits as they are.

Whatever the papers say,a two child limit and the removal of most/all working tax credit would solve most of the problems.Lets see what we get tomorrow.

I think the important change will be bumping up the hours rapidly.

Technically, you are not cutting benefits. Just making people work more for them, saving say another 20 x NMW/week.

Edited by spyguy
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Im waiting for a lot more knives and bigger one than that.

Brown has destroyed the Labour party; they'll be lucky to last as a party.

I would guess people are only holding back their memoirs because Labour are on life support and do not want to pull the plug.

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Healey's predecessor as Chancellor was the Conservative,Anthony Barber, author of the Barber boom in 1972 and probably the first UK house price bubble I can remember. By 1973 it all went spectacularly wrong and inflation was climbing to over 20%. In fact though Labour and the Union movement get blamed for many of the economic problems of the 1970s more than a few of them were originally created by Ted Heath's Tory Goverment which ran the country from 1970 to early 1974.

Barber fcked up. Quite small by Brown's standard but it was the first political fck up since WWII

Then the oil crisis arrived, which fcked up the UK more - a lesson in dealing with crisis' when they happen rather than hoping stuff will work out.

Then Labour fcked up the nexus between politics and organised Labour/Unions.

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Ok my predictions on what he will do.

He will limit child tax credit to two children from next April.He will not cut child tax credits.

He will eliminate working tax credit or at least cut it in half over three years.He will do this as a straighforward abolition or by lowering the level means testing kicks in from £6400 to £1000.He will tie this in to uplifts in the personal allowance.

He will freeze working age benefits for three years instead of two and maybe all five.

He will change the single room rate for housing benefit from up to 35 years old up to 50 years old.

He will make all housing benefit claims pay 10% of their rents by lowering the benefit to 90% of the applicable rent.

He will change hours rules especially for couples.

He will be able to claim they didnt cut child tax credits,but the affect for someone with two children working 20 hours will be a cut in tax credits from £210 a week to £130 a week or £170 a week depending on if working tax credit is cut in half,or abolished.

Edited by durhamborn
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Guest eight

The most important change is a two child limit.Id slice child tax credit down to £38 a week per child as well.That would solve most of the problems but still keep a safety net.

The problem is because Brown made them so generous there is no point working for people with more than one child unless you earn £35k+.

If Osborne doesnt tackle it tomorrow he will regret it because there is no way they can close the deficit with tax credits as they are.

Whatever the papers say,a two child limit and the removal of most/all working tax credit would solve most of the problems.Lets see what we get tomorrow.

Well the Holby City writers certainly laid it on thick last night - poor Fletch evicted for being unable to pay his rent, despite his senior nurse's pay and whatever his four kids would be bringing in on the TC front..

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No good. Needs to be reduced for all cases otherwise everyone will then have exactly two children and we're back to square one!

Do not agree....withdrawal of benefits will not stop people having children....why, in poorer countries with no benefits they continue to have children......the more children the richer you will be....long-term thinking.

Something we fail to do in this country.....not past five years anyway.

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Do not agree....withdrawal of benefits will not stop people having children....why, in poorer countries with no benefits they continue to have children......the more children the richer you will be....long-term thinking.

Something we fail to do in this country.....not past five years anyway.

Before banks existed...people had children

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