Thursday, 5 February 2015
LABOUR’S ECONOMIC PLAN WILL DELIVER HIGHER LIVING STANDARDS FOR ALL- NOT JUST A FEW AT THE TOP
Labour is determined to tackle the cost of living crisis and low pay – doing so is central to our tough but balanced plan to get the deficit down, control welfare spending and earn our way to higher living standards for all - if we win the General Election in May.
A raft of Labour proposals including raising the National Minimum Wage to £8 an hour, bringing in Make Work Pay contracts to ensure more people are paid a Living Wage, and getting more homes built to tackle the problem of rising rents, will help to ease the squeeze on hard working people as well as getting welfare spending under control.
David Cameron says he has fixed the economy, but the truth is that for working people there has been no recovery, and the cost of low pay and insecure work is pushing up the social security budgets.
For all David Cameron’s claims to cut welfare, a new report out this week says that benefit spending will be no lower next year than it was when David Cameron took office – despite measures such as the cruel and unfair Bedroom Tax.
The IFS, a leading think tank who published the report, confirmed what Labour has always said - that you can’t control welfare spending and get the economy back on track without tackling the root causes like low pay and rising rents. Britain needs an economy that works for everybody, not just a few at the top.