A few choice quotes from Gideon Osborne’s last Budget speech with thoughts by Alice Mason-Power, Parliamentary Candidate for Derby North
“A record number of people in work.
More women in work than ever before.
And the claimant count rate is at its lowest since 1975.”
Work means something very different to that in 1975 – the number of people employed on zero contracts has increased by over 50,000 or 25% since 2010. Those people out of work are being stigmatised more than ever and are struggling to the point of resorting to food banks to feed their families – not a feature of a strong economy.
“This week we accept the recommendations of the Low Pay Commission that the National Minimum Wage should rise to £6.70 this autumn, on course for a minimum wage that will be over £8 by the end of the decade.”
On this minimum wage people would still need to claim benefits including housing and council tax benefit. People will still be in the cycle of poverty despite employment, raising the benefit bill yet further because of the failure to pay the Living Wage that both people and the economy need
“I am clear exactly how that £30 billion can be achieved.
£13 billion from government departments.
£12 billion from welfare savings.
£5 billion from tax avoidance, evasion and aggressive tax planning.”
More money to be reclaimed from those on the lowest incomes than from those with the highest incomes who can afford an advisor to cut their tax. This will affect many, many more people. Where will these welfare savings come from? the disabled? the unemployed? pensioners? Note that child poverty in Derby North stands at 19%, with no prospect of it being reduced.
“In two weeks’ time, we will cut corporation tax to 20%, one of the lowest rates of any major economy in the world.”
This should be higher – why are we cutting tax for corporations when cutting welfare? It’s obvious, big business is more important than us, the people, and no Mr Osborne, the wealth does not ‘trickle down’, it floods away into tax avoidance schemes and bonuses for the already excessively rich.
Overall – the budget does not address the stark issues this country faces. The rich get the extra help they don’t need. Those who are struggling have not been mentioned. They will have to struggle on. The Chancellor is banking on the hope that many of them won’t vote in the election and turn his Party out.
Also of course no mention of climate change or the rising cost of energy. The real issues once again ignored by this Business as Usual Government.
Alice Mason-Power 18th March 2015