I think we can already hear the screams of outrage about this decision:
His aides claim it will save hundreds of millions of pounds from the welfare budget and that 50,000 families will be affected.
The Chancellor said: \”For the first time, we will introduce a limit on the total amount of benefit any one family can receive.
\”The limit will be set
according to this very simple principle: unless they have disabilities to cope with, no family should get more from living on benefits than the average family gets from going out to work.\”
Certainly there are perverse incentives built into it: split, become two families and benefits receivable shoot up.
However, I have a strong feeling that the mass of Middle England really aren\’t going to get as upset as the more professional complainers will argue they ought to.
Just as with the housing benefit changes. Yer what? Peeps are getting more in rent than I earn in a whole year? Cut that right out matey. So here. Sure, welfare, help the poor. But there\’s got to be a limit, surely?
Whether or not this is good economics I\’m not all that sure. Good politics I\’m pretty certain it is.