Sunday, 30 October 2016

brexit---- the true cost

What a surprise, those millionaires politicians and business men who funded and campaigned for brexit wont feel the pain, as always its those people who can least afford it who will pay the price for Cameron's stupidity. He and his friends caused this mess and he just runs away to no doubt line his pocket with book deals, directorships and the like.



Low-earning families hurt by Brexit, research shows
New post-Brexit analysis by the Resolution Foundation has found that the low-earning, just-managing, families Theresa May has pledged to support will be thousands of pounds a year worse off by 2020 due to rising inflation, lower wage growth and social security cuts. The foundation calculates that a single parent with one child under the age of four, working full-time on the minimum wage, would be £3,800 worse off, whilst a couple with two children under four, who are both employed (one full-time at £10.50 an hour and the other for 20 hours a week at the living wage) will be £2,000 worse off. The findings add to pressure on the government to reverse planned cuts to the universal credit programme.