Pay Policy: Protecting the Poor
Published Date:
19 June 2008
By Michael Foster MP
Labour member of Parliament for Hastings and Rye
The winds of economic instability are close to gale force.
It is certainly the case that the credit crunch and spiralling oil and energy prices are beyond any Governments control but for me the test of competence is the Government's response and, more especially, how we protect the least able among us.
Labour has a strong record of attacking the causes of poverty with a policy of work for those that can and help for those that can't.
But we are now faced with inflationary pressure, particularly for food and fuel, which is uncomfortable for us all but devastating for those on the lowest incomes.
Free bus travel for the over 60s and Social Energy Tariffs have a part to play in alleviating the pain but there are many, including the working poor, who need much more.
It seems to me that the Government's objective in avoiding an inflationary spiral must be supported. That means that public sector pay (and for that matter, so far as the Government have influence, all pay) must be limited. It's backs against the wall and a united assault on the economic enemy that is required.
But it's within that context that we need to look for who is hurting most. It seems to me that a patriotic approach to tackling the common enemy must be accompanied by a recognition that there are some that need help more.
My solution is simple. Over perhaps the next two years the Government should guarantee an increase in incomes sufficient to meet the unavoidable increased costs of housing, food and fuel. The average increase for a couple, in money terms, for the essentials of life up to the year ending in June works out at around £15.00 a week and it should be that figure, at least this year and perhaps next, that should be the norm for everyone. If we on better wages could accept that for the greater good it would enable us all to benefit from a community approach.
Of course, everyone must 'tighten their belts' but with the Government leading and MPs following we could weather this storm, perhaps to our collective advantage.
The full article contains 365 words and appears in n/a newspaper.
-
Last Updated:
26 June 2008 8:09 AM
-
Source:
n/a
-
Location:
Hastings