Intreseting Report

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    John Boxall
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    See

    http://www.theworkfoundation.com/pressmedia/news/newsarticle.aspx?oItemId=512

    So we will have more ‘in work’ benefit claims and fewer middle earners to pay the tax to raise the money for benefits.

    And of course many of them will be living in private rented rather than social housing.

    Work out the long term implications (if you need to)

    Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. The blossom is blighted, the leaf is withered, the god of day goes down upon the dreary scene, and—and in short you are for ever floored.

    Wilkins Micawber, Ch12 David Copperfield

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