In new data, it’s been revealed that overall spending on homelessness has increased by 10.5% since 2021/22 and a majority of councils have reported their costs have gone up.
When it hit, public services were in a good place, and people did have enough saved to help cushion the blow. While I’d like to say Labour are to thank for that, their introduction of tuition fees (a measure now destroying higher education) shows that it isn’t always the case.
This time, public services are already “unhealthy” due to years of systematic under-investment and minor privatisations (why buy an MRI when you can rent it right?). People don’t have the savings to weather it due to a decade and a half of stagnant wages. A lot of this is thanks to Tory policies, and a good chunk of blame lies there.
So, we’re seeing a surge in people losing out, rather than overextended companies going bust. It feels “worse” this time because it isn’t people losing their jobs because a company went bust, it’s people starving and freezing while working full time.
In 2008 we had the first great recession.
When it hit, public services were in a good place, and people did have enough saved to help cushion the blow. While I’d like to say Labour are to thank for that, their introduction of tuition fees (a measure now destroying higher education) shows that it isn’t always the case.
This time, public services are already “unhealthy” due to years of systematic under-investment and minor privatisations (why buy an MRI when you can rent it right?). People don’t have the savings to weather it due to a decade and a half of stagnant wages. A lot of this is thanks to Tory policies, and a good chunk of blame lies there.
So, we’re seeing a surge in people losing out, rather than overextended companies going bust. It feels “worse” this time because it isn’t people losing their jobs because a company went bust, it’s people starving and freezing while working full time.