Damn. That’s over forty percent of the population. Those are dangerous figures. And yeah I think nearly everyone would agree the Universal Credit system is an absolute failure.
There’s about 68 million people in the UK so that’s a significant proportion of the population. It’s shocking, if it’s true.
What are they using as the minimum metric of “decent standard of living”?
30/68, is 44%, which is nearly half in my book. Impressive. It’s almost like it was done on purpose!
>The New Economics Foundation, a left-leaning thinktank, said rising prices, below-inflation increases in earnings and projected increases in unemployment would result in 43% of households lacking the resources to put food on the table, buy new clothes or treat themselves and their families – a 12 percentage point rise compared with 2019.
>The NEF said its calculation that by 2024 almost 90% of single parents and 50% of workers with children would fall below a minimum income standard showed the need for a radical overhaul of the welfare system.
Things aren’t going very well, are they?
For anyone interested, “decent standard of living” seems to have been defined as “lacking the resources to put food on the table, buy new clothes or treat themselves and their families”. I’m not sure what to make of this but that’s what it says in the article.
However, the headline is really just the introduction to the article and the majority seems to be advocating for a proposal to overhaul the tax and welfare system apparently by introducing a French-style wealth tax. I don’t see that happening.
Am I reading this right?
A minimum income for everyone in or out of work.
Genuinely who here would work if they can get the same for not working?
Wasn’t this tried through covid and fucked alot of countries up.
Maybe enough to convince people to vote the tories out?
Join a union – Organize and struggle for higher wages – Fight against corporations and the government oppressing you with an insane cost of living https://www.tuc.org.uk/join-a-union
You should trying living in Ireland, a family of four estimated monthly costs are £2,724.43 without rent. Rent in Ireland is, on average, 40.33% higher than in United Kingdom.
Time to bring in universal income and a 4 day work week for everyone
UK has a low wage problem. Massive adjustment is needed in a world where the GBP is 1:1 with the USD. Its not “optional” and trying to hold it back is not in anyone’s (especially those who sell goods and services or wish to continue to do so) interests. There’s going to be growing pains and the inflation is going to make the beams creak. Buckle up.
Looks like the system is working as planned. Someones plan.
Is anyone taking this seriously? The guardian is always full of fear-mongering shite these days. Slowly turning into a rag. No 40% of the population won’t be fucked in a years time.
Well done to the Conservative Party! So much higher than the figure would have been under the chaos with Ed Milliband. This is a party which gets *results*!
Does this officially remove the title of ‘first world country’?
> The New Economics Foundation
So it’s nonsense then, that’s a relief.
Oh cool so basically, about half of us have got about a year left. Thanks for telling us guardian. I just want to say before my times up that ive really felt safe having you around.
Probably depends on what happens with the Ukraine war and the response to the problems caused by it. I think over time solutions will be found to these energy issues and the supply of global food will be increased by other countries now that Ukraine isn’t producing grain. Pretty much everywhere has the same problems atm because a large amount of gas (Russian) has been removed off the international market forcing the price up for everyone else. As well as Ukraine supplying around 25% of the world’s grain supply. We don’t buy off Ukraine but the removal of that supply has forced up the international price. I don’t think the current situation will remain unchanged for 2 years anyway.
I, as a peasant of this land, am willing to revolt already.
The inevitable conclusion to capitalism is something resembling feudalism
I’m glad the population is getting what it voted for. Keep voting Tory peeps.
By priced out do they mean greedy Tories stole tax payers money?
Why would the Labour party from 12 years ago/Putin/the EU do this?
Only 30 million ? That’s rookie numbers – let’s vote for Tories for another 12 years and you’ll see it double or change to become 99% of population. We can all become serfs and kowtow to the Elite MPs/Peers and Lords for our daily existencw
By 2024? I (and I’m sure a lot of other people) was priced out of affordable housing let alone renting by 2010.
If you want riots, this is definitely how to start them. Half the population being poor
27 comments
Damn. That’s over forty percent of the population. Those are dangerous figures. And yeah I think nearly everyone would agree the Universal Credit system is an absolute failure.
There’s about 68 million people in the UK so that’s a significant proportion of the population. It’s shocking, if it’s true.
What are they using as the minimum metric of “decent standard of living”?
30/68, is 44%, which is nearly half in my book. Impressive. It’s almost like it was done on purpose!
>The New Economics Foundation, a left-leaning thinktank, said rising prices, below-inflation increases in earnings and projected increases in unemployment would result in 43% of households lacking the resources to put food on the table, buy new clothes or treat themselves and their families – a 12 percentage point rise compared with 2019.
>The NEF said its calculation that by 2024 almost 90% of single parents and 50% of workers with children would fall below a minimum income standard showed the need for a radical overhaul of the welfare system.
Things aren’t going very well, are they?
For anyone interested, “decent standard of living” seems to have been defined as “lacking the resources to put food on the table, buy new clothes or treat themselves and their families”. I’m not sure what to make of this but that’s what it says in the article.
However, the headline is really just the introduction to the article and the majority seems to be advocating for a proposal to overhaul the tax and welfare system apparently by introducing a French-style wealth tax. I don’t see that happening.
Am I reading this right?
A minimum income for everyone in or out of work.
Genuinely who here would work if they can get the same for not working?
Wasn’t this tried through covid and fucked alot of countries up.
Maybe enough to convince people to vote the tories out?
Join a union – Organize and struggle for higher wages – Fight against corporations and the government oppressing you with an insane cost of living https://www.tuc.org.uk/join-a-union
You should trying living in Ireland, a family of four estimated monthly costs are £2,724.43 without rent. Rent in Ireland is, on average, 40.33% higher than in United Kingdom.
https://www.numbeo.com/cost-of-living/country_result.jsp?country=Ireland
Time to bring in universal income and a 4 day work week for everyone
UK has a low wage problem. Massive adjustment is needed in a world where the GBP is 1:1 with the USD. Its not “optional” and trying to hold it back is not in anyone’s (especially those who sell goods and services or wish to continue to do so) interests. There’s going to be growing pains and the inflation is going to make the beams creak. Buckle up.
Looks like the system is working as planned. Someones plan.
Is anyone taking this seriously? The guardian is always full of fear-mongering shite these days. Slowly turning into a rag. No 40% of the population won’t be fucked in a years time.
Well done to the Conservative Party! So much higher than the figure would have been under the chaos with Ed Milliband. This is a party which gets *results*!
Does this officially remove the title of ‘first world country’?
> The New Economics Foundation
So it’s nonsense then, that’s a relief.
Oh cool so basically, about half of us have got about a year left. Thanks for telling us guardian. I just want to say before my times up that ive really felt safe having you around.
Probably depends on what happens with the Ukraine war and the response to the problems caused by it. I think over time solutions will be found to these energy issues and the supply of global food will be increased by other countries now that Ukraine isn’t producing grain. Pretty much everywhere has the same problems atm because a large amount of gas (Russian) has been removed off the international market forcing the price up for everyone else. As well as Ukraine supplying around 25% of the world’s grain supply. We don’t buy off Ukraine but the removal of that supply has forced up the international price. I don’t think the current situation will remain unchanged for 2 years anyway.
I, as a peasant of this land, am willing to revolt already.
The inevitable conclusion to capitalism is something resembling feudalism
I’m glad the population is getting what it voted for. Keep voting Tory peeps.
By priced out do they mean greedy Tories stole tax payers money?
Why would the Labour party from 12 years ago/Putin/the EU do this?
Only 30 million ? That’s rookie numbers – let’s vote for Tories for another 12 years and you’ll see it double or change to become 99% of population. We can all become serfs and kowtow to the Elite MPs/Peers and Lords for our daily existencw
By 2024? I (and I’m sure a lot of other people) was priced out of affordable housing let alone renting by 2010.
If you want riots, this is definitely how to start them. Half the population being poor