Major charities have come together to criticise the inaction and damaging domestic policies of David Cameron and Nick Cleggs Tory-Liberal coalition government.
Over the last year 300,000 more families have fallen into extreme hardship, with their net family income at less than £250 per week or less
Anne Marie Carrie Chief Exec of Barnardo’s said the government was not doing enough to help families ‘at the tipping point between hardship and crisis’, she continued ‘families already budgeting on a shoe string, squeezed by the rising price if essentials and high childcare bills. Tis year many households will be pushed into financial chaos when the cap on benefit increases takes effect, compromising the health and life chances of children.’
Today the Chancellor announced a further increase in the personal tax allowance. He claims helps struggling families. But who benefits most?
This policy does not help those at the bottom much because they either don’t pay tax, or get most of any extra allowance tapered back as their Housing Benefit and Council Tax Benefit is cut. The regressive nature of the policy is show in this Resolution Foundation chart.
HALF a million children will be pushed below the breadline by reforms to the tax and welfare system, the TUC claims.
By Jim Naureckas
One of the more bizarre takes on Venezuelan President Hugo Chavez’s death comes from Associated Press business reporter Pamela Sampson (3/5/13):
Chavez invested Venezuela’s oil wealth into social programs including state-run food markets, cash benefits for poor families, free health clinics and education programs. But those gains were meager compared with the spectacular construction projects that oil riches spurred in glittering Middle Eastern cities, including the world’s tallest building in Dubai and plans for branches of the Louvre and Guggenheim museums in Abu Dhabi.