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George Osbourne Planning Tax credit cuts: Fair?


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Because the incremental increases in the living wage to £9 by 2020 will be faster than what your pay rises would have been. I think from the figures you gave previously, I calculated you'll break even from April 2017, and from 2018 be better off.

 

I will take your word for it, for now; if I am going to be getting loads more pay that will save the Government money, I hope that they will give some of the saved money to the councils, because they will be the losers.

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Do you think the cost of living will stay the same from April 2017 or will it increase?

He won't break even if the cost of living rises will he?

 

Inflation is currently 0%. Even if it shoots up to 3% it's hardly going to have a huge effect. He might break even a month later or something, big deal.

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He might break even a month later or something, big deal.

 

The news media did a "how will it affect you" page, but it only worked out the first years changes, which was a big minus for me, had I been a Tory I might have been complaining about the left ling BBC ;)

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The news media did a "how will it affect you" page, but it only worked out the first years changes, which was a big minus for me, had I been a Tory I might have been complaining about the left ling BBC ;)

 

The BBC would not want to demonstrate that most people would actually be better off once the minimum living wage starts to ramp up in future years towards 2020. Their agenda is, seemingly, to portray the story of all cuts being bad, inferring welfare spending can increase exponentially forever from a bottomless pit of money, and mulling over why "we" lost the election.

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More massive cuts on the way. The slack has all gone out of the system, so these are really going to hurt.

When your house is burning down because there's only one fire engine for the whole of South Yorkshire, don't say you weren't warned...

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More massive cuts on the way. The slack has all gone out of the system, so these are really going to hurt.

When your house is burning down because there's only one fire engine for the whole of South Yorkshire, don't say you weren't warned...

 

Saw some police bloke said his force won't send police out for burglaries anymore. Its no longer a priority. Cutting waste I agree with, but vital services, NO WAY.

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On the one hand the B stards are holding us to 1% for for years, on the other hand they are raising the minimum wage by a large amount.

 

Yes, raise the minimum wage, but still manages to give you less than you originally had. It reminds me of the pound shop scam. You think you get more for your money until you get home, and realise the packs are smaller.

 

---------- Post added 28-07-2015 at 15:54 ----------

 

The BBC would not want to demonstrate that most people would actually be better off once the minimum living wage starts to ramp up in future years towards 2020. Their agenda is, seemingly, to portray the story of all cuts being bad, inferring welfare spending can increase exponentially forever from a bottomless pit of money, and mulling over why "we" lost the election.

 

The bbc is unbiassed, its just some tory policies affect people unfairly. If labour where in power, they would get the same attention.

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The bbc is unbiassed, its just some tory policies affect people unfairly. If labour where in power, they would get the same attention.

 

 

I used to believe the BBC were unbiased, but in recent years I don't believe it to be the case. One only has to watch Question Time each week, and hear the reactions from the cherry-picked left-wing audiences (usually at odds to public consensus), to know that the BBC seem to be promoting their own agenda.

 

I didn't see the BBC showing much concern when Labour were exponentially increasing the welfare state bill year upon year, and running deficit after deficit, before the financial crisis happened. Had they come under more scrutiny for their economic spendthrift, we may have been better prepared and the cuts now may not have needed to be as big (although I still refuse to call it "austerity" in the true sense of the word).

 

Another thing about the BBC and its reporting is that they swallow up the misuse of words and phrases that have been coined by left wing, usually Labour, politicians as spin. For example:

 

- Austerity (to describe rolling back public spending a few years)

- Poverty (may have to cut the Sky subscription)

- Bedroom tax (reducing a state funded benefit)

- Progressive (outdated 1970s socialism with no place today)

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