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Fair enough. I suppose it doesn't take too much work to add another couple of paragraphs. What about: "Having increased the BI up to £80, I'm now going to cut
by phaemon 12y ago
Fair enough. I suppose it doesn't take too much work to add another couple of paragraphs. What about:
"Having increased the BI up to £80, I'm now going to cut it again, down to £60 a week. This is to cover pensioners, people claiming benefits which are currently in excess of £60 and support for vulnerable children (not child benefit: that's paid as BI for the child).
I'm assuming that 20% of people fall into one of the above categories, so cutting £20 off the BI gives us £140 a week to help these people. This is more than the current basic state pension (£113.50/week) so that's a fairly big increase. I don't want to complicate the calculations any further, so the small number of people who require more than this will have to be paid out of the £50 billion we haven't borrowed."
How's that?