The article argues for a reevaluation of Margaret Thatcher's mantra 'There is no alternative,' emphasizing that the current economic approach has resulted in severe social and financial inequities. It critiques Labour's budget cuts under Chancellor Rachel Reeves, which further endanger vulnerable populations like pensioners and people with disabilities. The author highlights an ongoing decline in living standards, particularly among the poorest, predicting that without significant policy changes, the public will continue to face increasingly painful austerity measures and a cycle of economic hardship.
"It is now devastatingly clear that there is no alternative to discarding this failed experiment... cuts to disability benefits... strip support from citizens unable to independently clothe themselves."
"All households will have suffered a fall in living standards, but the poorest will be clobbered twice as hard... you're going to hear that speech for the rest of your life, whatever your age."
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