When does the "Cost of living crisis end"

[topcat2014]

There will always be inflation. The media created this thing called a cost of living crisis.

Recessions have a technical definition, so therefore a technical end.

What is going to be the trigger for society agreeing the cost of living crisis is over?

NEETS have risen sharply by 300K since 2021
Obviously some will be severely disabled but the vast majority just dont want to work
It shouldnt be an option
This is how generations of people have been failed, allowing it in the first place

It should be improved though.

I Agree about adult education.
However with regard to getting the unemployed to pick litter, surely if they do this they are doing a job and should be properly reimbursed for their labour at minimum wage rate. So in fact they wouldn’t be unemployed, they’d be working. Doing a job which society needs doing but councils don’t have enough money to pay for.

Fair enough but its mandatory
You cant just sign up for benefits and stay that way

But a 300k increase in NEETs is not why we are in this economic strife, don’t forget NEETs figures have been higher eg 2012

A lot of traditional jobs that I did at that age have gone.

Of course but for that you need investment in education, training etc

What is often overlooked is by raising the state pension age you then increase the amount of “working age” people who are claiming benefits as lots of 60 yr olds have health problems & traditionally they wouldn’t have been classed as working age.

Never. Resources are becoming more scarce and global warming is driving up the price of food. I think we will continue to see an uptick in the anger and hatred towards those who don't/can't contribute. Benefits won't cover the basics and more people will die every year. There will be a lot of unrest and more people will turn to the political right.

Or we find a way to link threshold to number of hours worked. I.e. if you only work 0.5 part time, you only get half the personal allowance.

Not until there's some kind of wealth redistribution - no billionaires and massively wealthy businesses are made to pay people a livable wage so they can afford to do more than keep their heads above water. Which isn't happening any time soon or at all,

Then funds should be transferred from the benefits budget to the council budget and pay ONLY minimum wage and statutory minimums of holiday pay, sick pay etc, no enhanced employment contract terms, no gold plated pensions, etc.

We need to stop the "silo" thinking in government/public sector and start looking at the broader picture.

It's not always that "they don't want to work". Lots of jobs typically done by school leavers (and school/uni aged students) have disappeared. Thanks, in part, to Reeves' stupid NIC hike, but also the sheer number of smaller businesses that collapsed during the covid lockdowns. There's also been the general trend for decades away from small businesses to big business. 30 years ago, kids could get Saturday jobs easily, i.e. in shops, guest houses, restaurants, etc., when they were "owner managed" but now most are big chains, they have employment procedures which tend not to be suitable for school aged kids, and of course, the ever increasing rules/regulations for kids working in kitchens, pubs, etc. When I was a 16 year old school leaver, I had loads of options for holiday/weekend jobs basically within sight of where I lived close to a High Street, i.e. newsagents, grocers, guest houses, cafes, etc - now someone living in that same house would be looking at a Travelodge (don't take on kids), a couple of bookies (don't take on kids), an opticians (not many kids are trained opticians or dispensers), and loads of derelict/empty shops!

Britain has been ‘boom and bust’ for decades. It’ll change and then it’ll change again.

Who is talking about "school age kids"
Im talking about 18 +
Adults

Since the 08 crash we have only had bust though

You mentioned NEETs which are 16-24, I worked from 14 (paper round) and Saturday jobs throughout school and then a job at uni. I would have been classed as a NEET at one point though when I finished my degree and moved home and had a few months between jobs.

My colleagues son has been trying to get a job for the last year, it’s so different now. He’s just got one now he’s 18 but it was through a friend.

Population has increased globally and there are more middle class people with higher incomes who want more things. It’s a success story - more people are able to access things that were previously out of their reach. Lots of things are cheaper as well but the real fuck up is the cost of housing and of energy- we want a roof over our heads and to stay warm so this is part of our basic requirements, cutting back is hard to do without real noticeable discomfort. Food, clothes and devices are much cheaper than they were 20 years ago but Chna entering the WTO helped push prices down to a low level that we got used to and now that prices aren’t so low and inputs cost more, we notice.

If your mortgage or rent was half what is it now and your energy bill halved and childcare fees halved but everything else the same price and your income was unchanged, how would your financial position be?

Ok college age upwards

I’d be rich @Meandthegherkin

I should add I wasnt that fussed about mine working at 16 as long as they studied
The issue really is this choice to go on benefits and be left behind
It shouldnt be an option

@RosaNovella not all NEETs are even on benefits. Why do you think it’s just NEETs who are the problem?

One of the biggest issues is the cost of housing which is what many working people have to have help with.
I’ve never needed help but I had family who helped me buy a house, that is a privilege not afforded to all.

Its where the attitude starts
Entitlement, why should I work?

Everything on a plate, not contributing to society
4 years from age 18 on benefits, smoking weed and gaming then how do they get out of that?
They dont
Who wants a 22 year old with zero experience and a poor attitude?
We cannot have people not contributing to society yet expecting it all

When people are made to feel the consequences of their poor decisions and everyone else stops expecting fewer and fewer productive people to subsidise the rest

This
Time to grow up