Why a living wage adds up
THE CATASTROPHIC after-effects of the last Labour government continue to resonate and nowhere is this more true than in the benefits culture it created, in which some people now believe they have a right to live off the state.
Worse still, in some cases they are financially better off doing so. It is a slap in the face for the hardworking people who end up funding those lifestyles, so we entirely agree with the Chancellor’s call for firms to introduce a living wage.
As matters stand, we are allowing employers who pay their workers very low wages to be subsidised by the rest of us, a ludicrous state of affairs which must be brought to an end. The living wage would cut the overall benefits bill without reducing benefits, an outcome that is good for everyone.