Growing Welfare Bill &
#EconomicInactivity
An urban myth begun by
IFS/Sunak/Hunt/Stride
Total Welfare Spend
Stable at 11% GDP
projected 11% to 2030
Working Age
Economic Inactivity Stable at 10M
FOR 30 YEARS
1995-2024
& Working Age
Economic Inactivity
Down 2.4% from 2011 to 2024
2011/12
23.6%
of working age population
2023/24
21.2%
@Peston
You say absolute cost in pounds of welfare is going up according to to OBR:
“Over 5 years, the OBR says
welfare spending will rise by £73.2bn (to £406.2bn,
pensions rise £34bn
disability benefits rise £20bn”
Could you put this in the context of of % of GDP please…
Or you are not giving the whole picture and are gaslighting the nation about ballooning welfare spend
Also no mention of 3.1M with
#LongCovid since 2020 20% of whom are disabled by it.. unable to work.