Budget hits the poorest hardest, says IFS.
Oh dear….
The institute’s report will come as a blow to Clegg who reassured anxious Lib Dem MPs on the night of the budget that he and his ministers had ensured that it would be fair. He told his MPs that he and Danny Alexander, the Lib Dem chief secretary to the treasury, had worked hard to guarantee the budget would not follow the path of most previous fiscal consolidations which have tended to hit the poorest members of society hardest.
far more poor people then rich people, lots of disabled scroungers as well all hangers on, forget that a lot of the disabled have worked and paid into the NI stamp which is in fact an insurance for disability or industrial illness, we are still seen as being the cause of the banking crises.
Vote Tory vote Labour seems we are at the receiving end of both parties these days.
Everything hits the poorest hardest, didn’t need the IFS to tell me that. Pity after your thirteen years of running the country, we ended up with more poor when you left office than when you started.
Another comment from mike the idiot who claims to be a ‘Labour supporter’.. but in reality is either schizophrenic or stupid… or a Lib Dem, which probably means both!
Errm, mike, good! They weren’t designed to hurt you… just ridicule you. So we’re both happy.
Sticks and stones may break my bones but words will never hurt me, Bobby.
mike and robert really are plugging away, aren’t they? Denial is a terrible thing in the face of reality. They like to moan about Labour, and let’s face it the Blair-Brown governments were not perfect, but they think this lot are no worse?
I guess they will have to wait till they start feeling the effects…
Actually Mike, one of the few achievements of the Labour government (speaking as a left critic, not as a supporter of the Eton boys currently in Downing Street) was a reduction in some types of poverty.
This was largely due to the introduction of the minimum wage (timid as it was) and some progressive changes to the benefits system. The fact that any political benefit from this was pi$$ed away by Brown & Blair’s determination to not tackle relative poverty, declining social mobility, tax “avoidance” by the wealthy and the excesses of the City is testament to the Labour right-wing’s lack of vision and backbone.
Back on topic: the only person who apparently believes that Oily Osborne actually meant the burden of cuts to fall on the rich is the venal Alan Milburn.
Reports like this, by their very nature, obtain their results on the basis of modelling using a number of fiscal assumptions.
By selecting which factors to include and which not, the findings of any such report can be geared to reflect the beliefs/prejudices of whoever commissioned it – in this case the commissioning (and part-funding)came from a charity called ‘End Child Poverty’.
Looking at the list of ‘End Child Poverty’ trustees, it’s pretty clear that any report they funded was always going feature some Coalition-bashing.
S’funny, really. Last year wee Gideon thought the IFS were the bees knees… but I suppose politicians statements, like those who comment on blogs can be geared to reflect the beliefs/prejudices of whoever is making them.
Norman Clegg complains that the IFS do not comment on what the coalition want to do. Based on what was promised in the individual manifestos we voted on the IFS are well advised not to take into account any words at all. We can only judge actions Norman and they are not remotely what you said they would be.