Tory budget set to hit poorest the hardest

The forthcoming proposed Tory budget, combined with measures introduced in the last months of the Labour party – hit the poor hardest and are likely to increase inquality.

_48863679_ifs_gra_304If you believe Richard Wilkinson’s ‘The Spirit Level’, then inequality matters, because a whole host of social problems – from depression to crime – are correlated with the degree of inequality in society.

The exception is, of course, that the wealthiest ten percent lose out more than those in the middle – but it seams that it’s the poorest who are hit the hardest…

See this BBC report for more details

If you check out the graphic outside the room of P104 you will see that inequality increased massively under Thathcher, continued under New Labour, and the increase looks set to carry on into the future!

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