Tuesday, May 27, 2014

Staggering Cost Of One Man’s Delusions: £25 Billion Squandered On Bungled Welfare Reforms


Originally posted on the void:

iain-duncan-smithThe recent report from the Major Projects Authority, which revealed that Universal Credit is such a fucking disaster they had to invent a whole new category to describe it, also laid bare the astronomical cost of Iain Duncan Smith’s welfare reforms.

Just under £11 billion is budgeted to be squandered on some of the DWP’s largest projects, and that figure doesn’t include Universal Credit.  The cost of this hare-brained experiment is shrouded in mystery now it has been classed as ‘reset’, but last year the Major Projects Authority reported the that bill would reach £12.8 billion.

Even this is far from the whole story.  Community Work Placements, the latest mass workfare scheme, will cost almost a third of a billion.  The costs of other Jobcentre schemes, such as Mandatory Work Activity, are not included in the above figures.  At the very least the budgeted costs of welfare reform exceed…

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