Cameron-Osborne’s vendetta against the young could prove their downfall

Osborne really has got it in for young people – unless of course they are poised to inherit their grandparents’ £1 million home or will benefit from a higher inheritance tax threshold.   It will be young people who cop it from changes to universal credit that will deduct benefits faster as they earn more.   That will cost 3 million families an average of £1,000 a year according to the IFS.   Altogether some 13 million families, over half the population, will lose an average of £5 a week as a result of extending the freeze in working-age benefits, tax credits and local housing allowance, until 2020.

Then there’s unemployment.   The largest increase between 2008-13 was among 18-24 year olds, with 210,000 more out of work.   The latest figures show nearly half a million 16-24 year olds jobless, an unemployment rate of 13.7%, more than double the national average of 5.5%.   Even if they can find a job, Osborne’s over-hyped ‘national living wage’ won’t apply to those below 25 years of age.    The rate for 18-20 year olds will be a miserly £5.30 an hour, whilst for 16-17 year olds it will be slave rates of £3.87 an hour and and even £3.30 an hour for apprentices.

University fees are ending up putting poorer students into permanent debt.    When fees tripled to £9,000 a year, the maintenance loan was means-tested to target students from poorer families.   More than half a million students in England received the £3,387 maintenance grant last year, costing £1.6bn.   Now this grant is being turned by Osborne’s latest budget into another loan, of up to £8,200 a year.   So student debt will now rise to £51,000 after 3 years.   Unsurprisingly a report by the Joseph Rowntree Foundation has recently found that the largest increases in poverty in the last decade has been among younger adults of working age.

As for housing, anyone aged 18-21 will no longer be automatically able to claim housing benefit under the new rules.   The exclusion of young renters from any State support comes as young earners are increasingly locked out of home ownership as a result of soaring prices.   The average age of a first-time buyer has rocketed from 29 to 38 over the last decade.   Nor is further education a way out.   Further education colleges face some of the biggest cuts in the comprehensive spending review due in the autumn.   Indeed the further education sector, which provides the bulk of the UK’s post-secondary training, faces possible collapse and the loss of the invaluable source of technicians and mechanics.

What have young people done to deserve these successive kicks in the teeth?   In today’s volatile political climate this Tory campaign against the young will surely boomerang against its perpetrators.

 

7 thoughts on “Cameron-Osborne’s vendetta against the young could prove their downfall

  1. Hum young being young under this government’s guise they haven’t a chance unless they are the privileged few yet how why have we allowed this to happen yes greed by allowing thatcher to dazle the poorand tony blair putting the finishing touches to this greed yet we have a real labour man who speaks out with a few others on this greed yet many dont heed his words or listen to the electorate dont make me laugh ossie has called this 6 pound a living wage yet hasnt done nowt about risen it but ask employers to rise up to it ha ha ha pigs will fly we had enough the peasants will jc take back the party I dont now but the
    Blair babies will not allow him to how many decent mps left notalot is there but then we will have our say be it in this party or a new one the only thing I can say about apprenticeships pay well in the first yr its always been low has ones learning that trade but then look at your apprenticeship papers you are the slave and those above the master

  2. Apprentices on £3.37 an hour ? Luxury. The one I know is getting £2.73 an hour. (the paper round he has given up paid much better)

    The trouble is, his Mum loses £500 a month working tax credit and council tax benefit, because her son is now an apprentice, so work does not pay as far as she is concerned.

    That’s a £6000 a year loss for a low earning single parent – totally unsustainable for her and thousands of others.

    For the government it’s a win win – they can crow about more apprentices and save a fortune at the same time. But for low earners, an apprenticeship for their children is simple not sustainable. Go to university and pay the money back later is a much better option.

  3. I see Gordon Brown talking about new labour thats the trouble he realy isnt labour just another tory in a red tie didnt this man kill the dentist for the peasants yes he talks but not for me not for ninty nine percent who aint rich jeff3

  4. Having read this I have lost all faith in humanity, I worry so much for my grand children what type of a world are they going to grow up in, words fail me.

    In truth I had never heard the word “Austerity” until Cameron got in, I now detest it, it is like an incurable disease and the tories promote it on a daily basis.

    I witness the lack of compassion surrounding the poor immigrants fleeing war torn countries and Cameron sends wire fencing and sniffer dogs to contain them whilst he holidays in Portugal, the man is not human. He is using IDS to front his condemnation of the sick and the poor and will purportedly take credit for what he is doing.

    What a sick sad world we are living in.

  5. This also explains why youngsters are so keen on Jeremy Corbyn, as he wants a better future for everyone.

    However the media are giving the wrong impression over his proposals for the economy, leading people to believe he intends to get the banks to print money without explaining how this’ll work. I feel he needs more back up in this area – and urgently, as people will be voting this week.

    I hope Mr Meacher will write one of his clear and informative articles on this, please.

  6. There’s an article in the Mail entitled:
    Revealed: Jeremy Corbyn’s ‘unfunded’ tax and spending pledges would cost every family in Britain £2,400 a year

  7. They have eased off 60+ disabled people like myself through being shamed
    by demo’s and partition’s ect now they are having a go at the young ones.
    CAMORONS DOWNFALL IS LONG OVERDUE .

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