Show Us Your Laser, Ed

The line from Ed’s speech  that pushed the boundaries of credibility was his promise to “be laser-focused on how we spend every single pound.” Lasers equal precision. So where is the precise detail of how Ed intends to get the welfare bill down? So far we have only had vague pledges to spend more by building houses and somehow guarantee jobs (presumably in the public-sector) which doesn’t bode well for the debt. Hardly laser like…

The TaxPayers’ Alliance has shot down Ed’s vague policy ideas to deal with welfare problems:

Housing Benefit
The main cause of Britain’s ever-increasing housing benefit bill is a lack of housing supply due to planning restrictions, not poorly negotiated deals by local authorities. Freeing up private investment in housing will bring down housing costs for everyone, including the Housing Benefit bill. Trying to cut Housing Benefit by increasing direct spending on housing won’t help taxpayers.
 
Grants for living wage
Offering taxpayers’ money to companies in return for paying a living wage would do little more than link two bad polices into one. Incentives for companies to switch from low-paid jobs to capital investment could lead to fewer jobs, not more.
 
Tax Credits and low pay
Heavy business taxes and onerous regulations mean companies have to pay lower wages. The Government should stop making it so expensive to hire low-paid workers by cutting business taxes like employer’s National Insurance and let workers keep more of the money they earn.  
 
The contributory principle
Benefits and taxes are already too complicated. Reform should focus on expecting people to work for their benefits and preparing job-seekers for the job market while simplifying the system. 

Guido was told that while discussing another much trailed big speech in January, the late Maggie told a friend that the problem with modern politicians is that “they think that once they’ve given a speech, something has happened.” That anecdote came to mind this morning…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Jeremy Corbyn told by veteran Jewish MP Margaret Hodge…

“You’re a f***ing anti-aemite and a racist”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Undead UKIP Poll Rise Terrifies Tories Undead UKIP Poll Rise Terrifies Tories
Marr’s May Monopoly Marr’s May Monopoly
CCHQ Begs Association Chairmen CCHQ Begs Association Chairmen
Poll: Voters 2 to 1 for No Deal Poll: Voters 2 to 1 for No Deal
Paul Mason Reported to Police Paul Mason Reported to Police
Etonian Free Cabinet Etonian Free Cabinet
Tory MP Puts Letter In to Brady Tory MP Puts Letter In to Brady
Lord Carrington Lord Carrington
Poll: May’s Deal or No Deal? Poll: May’s Deal or No Deal?
Labour’s Chequers Survival Kit Labour’s Chequers Survival Kit
Whips’ Patsies in Full Whips’ Patsies in Full