Latest story on the Obvious News Gazette comes from the Institute for Fiscal Studies a “leading think tank” - read quango - who in a study paid for by the End Child Poverty Campaign who state that the Emergency Budget apparently hit the poor and those on Benefits the hardest, not in actual terms but as a percentage of income, now I am sure that this is a very worrying trend but unfortunately there are two facts that can not be ignored.
1) All budget changes affect the poorest the most as if you only have £100 pounds and lose a £1 it is 1% if you have £1,000 and lose a £5 it is 0.5% therefore the less you have the more you will be effected, to claim this is a Tory plot is quite frankly ridiculous it is just basic economics.
2) If you are living on benefits and the country runs out of money (Which it has) you will obviously be affected, similarly if you are working for a company that runs out of money you will be at a risk of losing your income, the state is no different.
What the report does not mention however is that what the coalition are attempting to do is increase jobs and keep the country operating, no one in the government has ever said that people who rely on benefits will not be affected, obviously they will as we are all in this together, what they are saying is that if we did nothing and handed out more money we simply didn’t have eventually the facility to borrow money would dry up and the country would collapse, if you are worried about reductions in benefits how do you think it will effect the poor if benefits have to be stopped entirely (And the NHS and all other services) because the government are bankrupt? It will make losing the Child Trust Fund seem like winning the lottery.
It is time that everyone stopped worrying so much about what everyone else may or may not be having that is better than them and instead start to simply look at what is in the best interests of the country.
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