I've been told that 90% of people will be better off or neutral under the plan and as long as this is true, I'm more than convinced this is the right way to go. Many people are moaning about the plan - including the lady on BBC Question time - when they don't even know how they will be affected! So brainwashed by the mantra of the left who, after increasing the gap between the rich and the poor, think they can give us lessons on the economy - you have to admire them for their nerve.
The hysteria is whipped up by the left - just like they said before the coalition that we would push up unemployment, inflation, etc they are going to be proved wrong here too. That's not to say some won't suffer but we will be able to mitigate that, as Boris Johnson says, someone will be working on it now.
There are so many myths surrounding this and other plans like Universal credit - that'll be next but those on it say it's easier and they receive more money.
So read this for yourself and feel free to discuss - but any nasty or personal comments will not get published, nor will any anonymous ones. If you have something to say then stop hiding and be a grown up!
In the Summer Budget, we offered a new deal for working people. It means Britain moving from a high-welfare, high-tax, low-wage economy to a lower-welfare, lower-tax and higher-wage one. We don’t pretend all the decisions we have taken were easy. But the reforms we make come as a single coherent plan.
It involves a new National Living Wage, reformed tax credits and lower taxes. It’s simply not credible to impose higher wages and leave tax credits unreformed, condemning taxpayers to ever-higher welfare bills. That’s a classic approach of thinking you can have everything, and in the end achieving nothing.
Taken together with all the welfare savings and our tax cuts, a typical family where someone is working full time on the minimum wage will be over £2,400 a year better off by the end of the parliament.
The alternative to making savings in welfare is cutting the NHS, cutting working people’s pay by putting up taxes, or borrowing more and burdening our children with more debt.