spotArguments for socialism

spotCapitalism

spotGlobalisation Anticapitalism

spotMarxism


All keywords


Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Capitalism keywords:

1929 (2)

Asset-stripping (8)

Austerity (1082)

Bankers (107)

Banking crisis (14)

Bear Stearns (3)

Bonuses (58)

Bourgeois (4)

Brexit (65)

British economy (17)

British politics (9)

Budget (319)

Capitalism (855)

Capitalist (626)

Carry trade (1)

Coalition government (24)

Competition (26)

Credit crunch (19)

Debt (205)

Depression (19)

Economic crisis (74)

Economy (408)

Enron (2)

Euro (43)

Famine (2)

Great Depression (7)

Hedge funds (9)

Import controls (1)

Inflation (35)

Interest rates (26)

Jpmorgan (1)

Keynesian (7)

Keynesianism (4)

Lisbon Treaty (9)

Marriage (7)

Mortgages (21)

Northern Rock (32)

Oil (281)

Oppression (45)

Populism (2)

Private equity (11)

Profit (79)

Profit system (27)

Recession (120)

Rich (239)

Shares (18)

Shell (8)

Short-selling (2)

Social class (3)

Software (2)

Stock market (10)

Stock market crash (3)

Sub-prime (12)

Sub-prime market (2)

Subprime (10)

Tax (557)

Technology (22)

Universal Credit (9)

Wealth (64)

Wealth gap (14)

World economy (55)

capitalist crisis (30)

capitalist system (32)

Austerity


Highlight keywords  |Print this articlePrint this article
From: The Socialist issue 970, 8 November 2017: 'Paradise' for billionaires, austerity for us

Search site for keywords: Child poverty - Poverty - Austerity - Children - Welfare - Universal Credit - Cuts - Benefits

Child poverty set to hit 5.2m - unions and Corbyn must act now

photo Matt J Newman (Creative Commons)

photo Matt J Newman (Creative Commons)   (Click to enlarge)

Tom Costello, Lancashire Socialist Party

The Tories' welfare cuts are set to make child poverty soar over the next five years to 5.2 million kids - eleven out of a classroom of 30. The figures come from a damning report by the Institute for Fiscal Studies (IFS).

Meanwhile, a separate study by the Child Poverty Action group predicts the 'Universal Credit' system will push 900,000 children into "severe poverty" by the end of the decade.

This marks an alarming increase from government figures for 2014-15, which showed four million children living in relative poverty. The IFS has further claimed that the 37% of kids in this bracket could represent the highest proportion since records began in 1961.

Tory attacks on benefits are predicted to affect areas such as Wales and north-east England worst - areas that have already suffered most from the effects of austerity.

Unsurprisingly, the government has no answer to the IFS findings. Its spokesperson just repeated the same, tired old austerity rhetoric: "We are committed to supporting families while making the welfare system fair for those who pay for it and those who benefit from it."

Clearly not for the 5.2 million children who will have no choice but to grow up in poverty!

But the Tories have retreated on a series of policies, and are in the middle of a sexual harassment scandal. Trade unionists and anti-austerity activists joining forces through demonstrations and strikes can bring them down.

The Socialist Party's demands are uncompromising. Raise the minimum wage to at least 10 an hour now. Start a comprehensive programme of council house building. End Universal Credit and reverse benefit cuts immediately.

The Tories - and Blairites - are only ever going to be concerned with the worries of the super-rich. For as long as their rule goes on, working people will lose out from capitalism's regime of austerity. The union leaders and Jeremy Corbyn must call action to oust them now.






Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Related links:

Child poverty:

triangleNasty party imploding...drive out the Tories

triangleFight Tories' callous cuts pushing 200,000 more kids into poverty

triangleFight Tory attacks on women and children

triangleLondon bailiff use soars by half

triangleEducation: fightback needed

Poverty:

triangleWe're freezing: reverse cuts to boiler replacement schemes!

trianglePoverty, repression and fightback on the docks

triangleMajor attacks 'Universal Credit', half a million more face poverty

triangleOne in four teenage girls depressed - crisis made worse by cuts

Austerity:

triangleIs cuts-making Preston 'beating Tory austerity'?

triangleNo more excuses: fit sprinklers now!

triangleTories on the brink - kick them out!

Children:

triangleTV review: Abortion on Trial - hard-hitting look at impact of 1967 act

triangleCarlisle socialists campaign against Universal Credit

Welfare:

triangleChesterfield Socialist Party: The fight for the welfare state

Universal Credit:

triangleUniversal Credit chaos: Tories punish the poor

Cuts:

triangleLiverpool Socialist Party: Fighting council cuts

Benefits:

triangleBosses say 217 years to close pay gap - workers' struggle can close it now!