The Rest Is Money 186. Was Reeves To Blame For The Welfare Debacle?
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Jul 2, 2025 The discussion dives into the contentious welfare reforms and the backlash over cuts to disability benefits. MPs express concern over fiscal rules that may worsen the situation for vulnerable populations. There's a heated debate on how the Labour Party can maintain its election-winning agenda amidst these crises. Additionally, the podcast touches on the need for alternative treatments for schizophrenia and the broader implications of economic uncertainty on taxation strategies. It’s a mix of politics, social issues, and financial insights that keeps listeners engaged.
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Fiscal Rules Are Guidelines
- The fiscal rules and OBR guidelines are just tools, not unbreakable laws or divine commands.
- They should not dictate sensitive policy decisions like disability benefits eligibility.
Emotional Toll on MPs
- The government initially aimed for £10bn in welfare cuts but halved this after PM's personal connection halted the PIP freeze.
- MPs were emotionally affected, some even in tears, after Downing Street officials dismissed their concerns on disability reforms.
Charity Battles Real Poverty
- Middlesbrough's charity Multibank hands out millions of goods to thousands of households experiencing poverty.
- The charity never encounters fraudsters, highlighting that most people needing help are genuinely vulnerable.