Post by walmartramen on Jun 13, 2013 23:25:15 GMT -5
What's holding Britain down isn't benefits. It's low pay! And your town?
Our brand of capitalism has become cannibalistic. The minimum wage isn't enough, and has become a profound drag on our economy.
Two related political slogans have been tailored for the purpose of denying this: the first is "reform benefits to make work pay"; the second is the false dichotomy between strivers and skivers.
You don't reform benefits to make work pay. You reform wages. The minimum wage is not enough to live on, even leaving aside the rate of unemployment, the rate of under-employment – people who would like to work more hours but for some reason probably related to withholding their statutory rights are on zero- or four-hour contracts – and all those cannibalistic stunts that particularly large large employers,, in particular, have adopted. This is a profound drag on an economy trying to get out of recession. Reducing benefits won't help.