24 February

Want to know the most disgusting thing about ‘mutual obligation’ requirements for people on the dole? Modern economics REQUIRES unemployment, to keep wages and inflation low. They call it the ‘natural rate of unemployment’. A large pool of unemployed people means businesses always have fresh people to hire, if the ones working now get too bolshie about their wages and conditions. A good supply of labour means existing labour has less bargaining power. The unemployed are punished for a deliberate design element of the economic system.