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If benefits stop as the government have no money
Comments
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Probably we would be OK. We both have private pension income as well as our State Pensions. I think what will happen is no year on year automatic increases in benefit income. People in work are having wage increases pegged back and this will get worse. If there are still automatic rises in benefit income then the gap between the income of the low paid worker and the cash received from not working will narrow and even more people will decide it is not worth their while to work.0
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What would happen if the BoE was asked to print more money. Perhaps a stupid question, but why can they not do that now rather than borrowing?
Pipkin xxxx
I haven't studied Economics since A Level (long time ago
!), but from what I can remember an increase in the money supply would lead to an increase in the rate of inflation, hence the amount received in benefits or wages would not go as far as it would have before.
I could have got that completely the wrong way round. Can any economists confirm?! xGone ... or have I?0 -
So what would happen to those people (like me) who are disabled and have no choice but to rely on benefits? If anything, they should only give ctc, wtc, cb, etc to people who really are poor and won't be able to get by.0
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just get mp,s to earn less,
Hell would freeze over before that lot agreed to a decrease in wages.
Moving onto the origial post - If our household had all their benefits cut.
DLA (Mid rate DLA high rate Mobility) Housing Benefit and Council Tax benefit we'd have to move out. We couldnt afford to live here. OH can work but her illness makes her very unreliable and wouldnt be able to work long. I am a student so i'd give up that and have to get a job that pays enough but doesnt require me to work many hours as I have to care for OH.
In reality we'd be screwed as I suspect A lot of people would be!0 -
So what would happen to those people (like me) who are disabled and have no choice but to rely on benefits? If anything, they should only give ctc, wtc, cb, etc to people who really are poor and won't be able to get by.
Everyone would have their own axe to grind as to why 'it shouldn't be me'. All these myriad of benefits are fairly recent , last couple or so decades. People used to manage without huge government handouts, wonder why they are convinced they couldn't now. Sometimes when I read about the effort put in to keep something like IB I think that that same amount of effort and commitment would be paid for by an employer.0 -
about printing more money. How many Zimbabwean $ is it now for a loaf of bread? That is what happened in Germany as well, needed a wheelbarrow full of marks to get bread.0
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So what would happen to those people (like me) who are disabled and have no choice but to rely on benefits? If anything, they should only give ctc, wtc, cb, etc to people who really are poor and won't be able to get by.
That is exactly what lil_me was asking in the opening post?
Gone ... or have I?0 -
So what would happen to those people (like me) who are disabled and have no choice but to rely on benefits? If anything, they should only give ctc, wtc, cb, etc to people who really are poor and won't be able to get by.
Err, I think you'll find they do. You want to be very careful going down this path as a lot of disabled people living off benefits get far more income than a very large percentage of the working population and by bleating on about how badly off you are, all you do is put a lot of peoples backs up.
Take my sis-in-law who has a child with Duchens MD and two other kids. She gets a free roof over her head, a free car with everything paid for but the fuel and a higher income than both me and the missus get for grafting our backsides off - me doing 50+hrs a week and the wife 25hrs.
Badly off financially on disability? Yeah, right.0 -
krisskross wrote: »People used to manage without huge government handouts, wonder why they are convinced they couldn't now.
...assuming you call a family of five living in one room during winter because its all they can afford to heat and having egg and chips for tea on a very regular basis because they couldn't afford anything else managing. That was my childhood and it was crap and certainly not what I'd call managing by any stretch of the imagination unless you count not dying as managing.0 -
Err, I think you'll find they do. You want to be very careful going down this path as a lot of disabled people living off benefits get far more income than a very large percentage of the working population and by bleating on about how badly off you are, all you do is put a lot of peoples backs up.
I think you'll find the reason why disabled people (supposedly) get so much is because they have loads of extra costs incurred by their disability.0
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