Jeremy Corbyn: We Need a Budget for the People
As millions struggle with the cost of living, Chancellor John Healey must use this week’s budget to redistribute wealth and lift people out of poverty.
TL;DR
- The Labour Party has consistently called for a National Care Service based on universal principles, promising free personal care for the elderly and eventually all adults needing support.
- The care crisis has worsened, with over 2 million elderly people lacking necessary care, and a depleted workforce facing poverty and burnout.
- Unpaid carers, mostly women, are sacrificing careers and income, with many projected to fall into poverty.
- Funding for a National Care Service could be secured through wealth taxes, such as a 2% tax on households over £100m, and equalizing capital gains tax with income tax.
- The article criticizes decades of privatization in social care and advocates for public ownership to ensure services are run for public good, not profit.
- A budget for the people should include bringing water, energy, rail, and social care into public ownership, implementing rent controls, ending welfare cuts, and abolishing tuition fees.
- Significant government spending on defense is questioned, suggesting funds could be redirected to social care and other essential services to address the cost of living crisis and promote environmental sustainability.