Explaining The Changes To British Welfare Policy

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Explaining The Changes To British Welfare Policy
by Tim Worstall, Contributor
This is the week that the new and much meaner British Welfare State comes into being. To listen to some commentators you'd think that it was the slaughter of the firstborn all over again. Tyler Cowen gives a rundown of the changes that are actually happening here. And I would say that I would agree with his comment about the overall effect: This current reform is viewed by many critics as not being very generous. It also can be said, however, that relative to current and recently lowered expectations of future wealth for the middle class, this is probably offering a higher percentage of redistribution than was the case a few years ago or for that matter during the pre-Thatcher British welfare state. One of the homes of the slaughter of the firstborn meme is of course The Guardian and John Harris has a fascinating column in it today: The usual rules apply: the whole thing is a conspiracy by the Tories and their allies in the media; Labour most not be gripped by the disease of Blairite betrayal; it is time for charters, and demonstrations and, if things get sticky, multi-signatory letters to the liberal-left media, so as to really put the wind up them.
http://www.forbes.com/sites/timworstall ... re-policy/